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.