ArabFinance: The Egyptian Exchange said that today is the record date for October Pharma’s annual cash dividends, according to a reminder statement released on May 27th.
The company will distribute on June 13th cash dividends of EGP 3 per share, the statement highlighted.
The pharmaceutical company reported a net profit of EGP 88.26 in 2020, a 161% rise from EGP 33.8 million achieved in 2019.
October Pharma is an Egypt-based company engaged in the production of human pharmaceutical preparations.
The company’s major shareholders include the Arab Company for Drug Industries and Medical Appliances as well as the Saudi-Egyptian Industrial Investment Company.