B Investments to distribute EGP 1/share dividends for Q1

Updated 7/4/2023 11:04:00 AM
B Investments to distribute EGP 1/share dividends for Q1

Arab Finance: B Investments Holding’s (BINV) ordinary general meeting (OGM) has approved disbursing cash dividends of EGP 160.024 million, or EGP 1 per share, to shareholders for the period ended March 31st, 2023, according to a statement sent to the Egyptian Exchange (EGX) on July 4th.

It is worth noting that the firm posted a 1,384.49% year-on-year (YoY) increase in consolidated net profit attributable to the parent company for the first quarter (Q1) of 2023, recording EGP 331.124 million.

Established in 2006, B Investments is an Egypt-based private equity firm and growth capital investor that pulls a wealth of expertise to actively create value in its portfolio of companies.

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