ArabFinance: International Company for Leasing (Incolease) will distribute annual cash dividends of EGP 2.5 per share on December 15th, according to the company’s November 29thstatement filed the Egyptian Exchange.
The company stated the dividend will be disbursed to the shareholders recorded on December 10th.
Incolease reported a net profit after tax stood at EGP 60,651,812 in the January-September period of 2020, a 25% decline from EGP 81,134,311 achieved in the prior-year period.
Incolease is an Egypt-based company engaged in the provision of customer service and personalized financial solutions.
The company leases a range of assets, including commercial vehicles, machinery, information technology equipment, production lines, real estate, and others tangible and intangible long-term assets.
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