ArabFinance: El Nile Company for Pharmaceuticals and Chemical Industries (Nile Pharma) (NIPH) announced it will distribute cash dividends worth EGP 2 per share to shareholders for fiscal year (FY) 2020/2021, according to a statement filed to the Egyptian Exchange (EGX).
The dividends will be paid on November 10th, 2021, with the eligibility to shareholders of record date on November 7th, 2021.
It is worth Nile Pharma previously reported a net profit of EGP 66.426 million in FY 2020/2021, compared to EGP 93.384 million in FY 2019/2020.
Nile Pharma manufactures and markets pharmaceuticals, various types of medical materials, chemical products, and cosmetics, as well as surgical threads and medical solutions.