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Egypt Free Shops' shareholders approve EGP 1.19/shr dividend

Egypt Free Shops' shareholders approve EGP 1.19/shr dividend
The company's net profits increased to EGP 132.2 million in FY20/21
Misr Duty Free Shops
MFSC
-0.41% 31.50 -0.13

Cairo – Mubasher: The ordinary general meeting (OGM) of Egypt Free Shops approved a cash dividend of EGP 1.199 per share for fiscal year (FY) 2020/2021, according to a bourse disclosure on Tuesday. 

During the year ended 30 June, the company's net profits increased to EGP 132.2 million from EGP 108.9 million a year earlier. 

The company generated revenues of EGP 692.01 million in FY20/21, up from EGP 675.5 million in FY19/20.