ArabFinance: The ordinary general meeting (OGM) of Nozha International Hospital (NINH) has approved the payment of EGP 0.05 per share cash dividends to shareholders for 2021 earnings, according to a statement filed to the Egyptian Exchange (EGX).

The cash dividend represents 5% of the company’s paid-up capital.

The shareholders’ share in the second installment of dividends payment will be used in raising capital through the distribution of bonus shares at a value of EGP 26.36 million.

In 2021, the company recorded a net profit after tax of EGP 65.88 million, compared to a profit of EGP 49.60 million in 2020.

Egypt-based Nozha International is a shareholding company operating in the field of healthcare facilities management.

The company manages and operates Al Nozha International Hospital, which provides general health and surgical services in the fields of internal medicine, surgery, obstetrics and gynecology, pediatric, psychiatric, orthopedic, ophthalmology, and physical therapy.