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Arab Drug's shareholders approve EGP 5/shr dividend for FY20/21

Arab Drug's shareholders approve EGP 5/shr dividend for FY20/21
The pharmaceutical firm achieved net profits of EGP 102 million
ADCO
ADCI
10.75% 122.82 11.92

Cairo – Mubasher: The ordinary general meeting (OGM) of Arab Drug Company approved a cash dividend of EGP 5 per share for fiscal year (FY) 2020/2021, according to a bourse disclosure on Sunday. 

The pharmaceutical firm achieved net profits of EGP 102 million in the year ended 30 June, up from EGP 92.8 million a year earlier.

The revenues increased to EGP 537 million in FY20/21, compared to EGP 521.07 million in FY19/20.