Arab Finance: Egyptian Media Production City (EMPC) will distribute cash dividends of EGP 0.50 per share for the full year ended December 31st 2021, according to a bourse filing on May 25th.

The dividends will be paid as of June 15th, with the eligibility in distribution to shareholders until the trading session of June 12th.

This came as per the decision of the company’s ordinary general meeting (OGM), which was held on March 25th.

In 2021, EMPC recorded a consolidated net profit after tax of EGP 137.226 million, up from EGP 67.300 million in 2020.

EMPC is an Egypt-based company engaged in the media sector. The company provides and leases television, cinema, and media production tools and complementary services to others, as well as produces cultural, drama, and kids shows.