EFIC approves EGP 0.25/share coupon

Updated 3/29/2021 8:34:56 AM

ArabFinance: Egyptian Financial and Industrial Company’s (EFIC) ordinary general assembly approved distributing a coupon worth EGP 0.25 per share to shareholders for 2020, according to the company’s recent filing to the Egyptian Exchange.

The company’s consolidated net profit declined to EGP 126.94 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.