Arab Finance: Misr Fertilizers Production Company’s (MOPCO) ordinary general assembly approved disbursing cash dividends of EGP 3.50 per share for 2024, according to a bourse statement issued on April 13th.
MOPCO will pay out EGP 1 per share within one month from the date of the general assembly, while the remaining EGP 2.50 per share will be paid upon availability of cash liquidity, no later than September 30th.
At the end of December 2024, the EGX-listed firm posted 153.08% year-on-year (YoY) higher net profits after tax at EGP 15.119 billion, compared to EGP 5.974 billion.