Nile Pharma to pay EGP 5/share dividends in November

Updated 11/2/2023 10:24:00 AM
Nile Pharma to pay EGP 5/share dividends in November

Arab Finance: El Nile Company for Pharmaceuticals and Chemical Industries (Nile Pharma) (NIPH) will distribute cash dividends worth EGP 5 per share to shareholders for fiscal year (FY) 2022/2023, according to a statement published on November 2nd.

The dividends will be paid as of November 21st, with the eligibility to shareholders on a record date of November 16th.

The company announced previously that its net profits after tax increased 32.9% year on year (YoY) in fiscal year (FY) 2022/2023.

Nile Pharma manufactures and markets pharmaceuticals, various types of medical materials, chemical products, and cosmetics, as well as surgical threads and medical solutions.

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