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AT Lease to distribute cash dividends for 2020

AT Lease to distribute cash dividends for 2020

ArabFinance: The ordinary general assembly of Al Tawfeek for Financial Leasing (AT Lease) (ATLC) approved distributing cash dividends totaled EGP 22.51 million to shareholders for 2020, according to the company’s filing to the Egyptian Exchange on March 24th.

The company will pay EGP 0.195 per share.

The listed company posted a 10% Year on Year increase in its consolidated net profit in 2020, recording EGP 74.14 million.

AT LEASE is an Egypt-based Islamic sharia-compliant leasing company, which provides a variety of international leasing solutions and products. The company offers its products under the following categories: financial lease/capital, true ease, structured lease, and vendor lease.

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