EGX releases reminder of Incolease' dividend payment date

Updated 12/10/2020 1:14:12 PM

ArabFinance: The Egyptian Exchange said that today is the record date for International Company for Leasing’s (Incolease) annual cash dividends, according to a reminder statement released November 29th

Incolease will distribute on December 15th cash dividends of EGP 2.5 per share, the statement highlighted.

Incolease reported a net profit after tax stood at EGP 60,651,812 in the January-September period of 2020, a 25% decline from EGP 81,134,311 achieved in the prior-year period.

Incolease is an Egypt-based company engaged in the provision of customer service and personalized financial solutions.

The company leases a range of assets, including commercial vehicles, machinery, information technology equipment, production lines, real estate, and others tangible and intangible long-term assets.