Misr Duty Free Shops unveils payout date of dividends
Updated 9/7/2023 10:04:00 AM
Arab Finance: Misr Duty Free Shops has decided to distribute cash dividends of EGP 2.731 per share to shareholders for the fiscal year (FY) 2022/2023 as of September 26th, the firm stated on September 7th.
The eligibility in dividends distribution will be for shareholders on a record date of September 21st.
The company reported previously a 76.8% year-on-year (YoY) increase in consolidated profit attributable to majority shareholders during the first half (H1) of 2023, recording EGP 294.422 million, compared to EGP 166.531 million.
Established in 1975, the public shareholding company is engaged in the import and sale of duty-free goods in foreign and local currencies. It also sells products to consumers without being exempted from taxes in sales fairs at air, sea, and land ports. In addition, it offers several brands and types of alcoholic beverages, tobacco, fragrances, gift items, electrical and household appliances, and housewares.
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