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Today record date of Arab Moltaka's cash dividends

Today record date of Arab Moltaka's cash dividends

ArabFinance: The Egyptian Exchange said that today, April 25th, is the record date for  Arab Moltaka Investments Company’s (AMIC) annual cash dividends, according to a reminder statement released on April 7th

The company will distribute on April 28th cash dividends of EGP 0.500 per share, the statement highlighted.

The company posted a consolidated net profit before the minority interest of EGP 74.509 million in 2020.

Standalone net profit reached EGP 35,510,250 in 2020, a 13% rise from EGP 31,462,557 posted in 2019.

AMIC plans to increase the volume of assets under management to EGP 6 billion by the end of 2021 and penetrating new sectors.

AMIC invests in a diversified range of economic sectors covering a broad spectrum including industrial and agricultural investments, land reclamation and cultivation, livestock development, fisheries, real estate investments, and tourism.

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