ArabFinance: Egyptian International Pharmaceutical Industries Companys (EIPICO) (PHAR) ordinary general assembly approved distributing EGP 3 per share coupon for 2020, according to the companys March 28thstatement to the Egyptian Exchange.

The companys consolidated net profit reached EGP 487.4 million in 2020.

EIPICO is an Egypt-based public shareholding company that operates in the pharmaceutical industry. It is a manufacturer and exporter of pharmaceuticals and holds license agreements with a group of international pharmaceutical companies to produce their products locally and replace the imported ones.

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