Abu Qir Fertilizers’ board proposes cash dividends payment for FY 2021/2022
Updated 8/23/2022 9:49:00 AM
Arab Finance: The board of directors of Abu Qir Fertilizers and Chemicals Industries Company (ABUK) has proposed the distribution of cash dividends worth EGP 2.5 per share to shareholders for fiscal year (FY) 2021/2022, according to a statement filed to the Egyptian Exchange (EGX) on August 23rd.
The company previously reported that its net profit after tax for FY 2021/2022 surged by 157.51% year-on-year (YoY) to EGP 9.054 billion from EGP 3.516 billion in FY 2020/2021.
Abu Qir Fertilizers is an Egypt-based company engaged in the agricultural chemicals sector. The company focuses on the production, distribution, and export of fertilizers, chemicals, and related products.
