ArabFinance: Egyptian Financial and Industrial’s (EFIC) ordinary general meeting (OGM) has approved the distribution of EGP 2 per share in dividends for 2021, according to a filing to the Egyptian Exchange (EGX) on Tuesday.

It is worth highlighting that the company’s consolidated profits excluding minority interest increased to EGP 303.983 million in 2021, from EGP 126.946 million in 2020.

EFIC is an Egypt-based company involved in the production and marketing of agricultural chemicals. The company focuses on the production and distribution of chemical resources and agricultural fertilizers, as well as the production of plastic and general bags to fill up its products.