Arab Finance: Abu Qir Fertilizers and Chemicals Industries Company (ABUK) announced that it will pay EGP 3 dividends per share for fiscal year (FY) 2021/2022 in two installments in October and December, according to a disclosure on the Egyptian Exchange (EGX) on September 27th.

The company will pay EGP 3 dividends per share in two tranches; EGP 1 per share on October 20^th and EGP 2 on December 29^th.

Eligibility will be for shareholders until the record date of October 17^th.

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 producing, distributing, and exporting fertilizers, chemicals, and related products.