Cairo – Mubasher: The board of directors of Alexandria Co. for Pharmaceuticals and Chemical Industries recommended a cash dividend distribution of EGP 11.5 per share for fiscal year 2019/2020.
The proposed cash dividends amount to EGP 57.5 million, compared to EGP 56 million in FY18/19, according to a bourse disclosure on Wednesday.
The company reported EGP 170.04 million in net profits during the 12-month period ended on 30 June, up by 50.7% from EGP 112.8 million a year earlier.
