Arab Drug’s OGM approves dividends payment for FY 2020/2021
Updated 10/3/2021 11:17:48 AM
ArabFinance: The Arab Drug Company (ADCI) announced that its ordinary general meeting (OGM) has approved the payment of cash dividend worth EGP 5 per share to shareholders for fiscal year (FY) 2020/2021, according to a statement filed to the Egyptian Exchange (EGX).
It is worth noting that the company posted a net profit of EGP 102.063 million in FY 2020/2021, compared to profit of EGP 92.800 million in FY 2019/2020.
Arab Drug is an Egypt-based company engaged in the pharmaceutical sector. The company focuses on the manufacture, packaging, and distribution of pharmaceutical products as well as chemical solutions for human and veterinary use.
