NileSat to distribute $45 dividends for 2022

Updated 3/22/2023 10:21:00 AM
NileSat to distribute $45 dividends for 2022

Arab Finance: The Egyptian Satellite Company’s (NileSat) ordinary general meeting (OGM) has approved the payment of cash dividends of $0.45 per share to shareholders for 2022, according to a statement on March 22nd.

It is worth mentioning that the company achieved net profits of $38.96 million in 2022, up by 26.7% year-on-year (YoY) from $30.75 million.

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