Arab Finance: Macro Group Pharmaceuticals has approved the payment of EGP 0.1067 per share in cash dividends to shareholders for 2022 over two installments, according to a filing on April 6^th.

The first installment, amounting to EGP 0.01067 per share, will be disbursed on April 20^th, while the second of EGP 0.096 will be due on October 31^st.

Shareholders of record date on April 13^th will be eligible to receive the dividends.

In 2022, the company’s consolidated net profits attributable to the parent company grew to EGP 173.835 million from EGP 147.929 million in 2021.

Founded in 2002, Macro Group is a leading Egyptian cosmeceutical company based in Cairo.

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