Today record date of Arab Moltaka's cash dividends
Updated 4/25/2021 9:29:45 AM
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.
