Egypt - Integrated Diagnostic Holding (IDH) will distribute annual cash dividends of $0.0485 (EGP 0.76) per share on July 29th, according to the company’s statement filed to the Egyptian Exchange.

The company stated the dividend will be disbursed to the shareholders recorded on July 8th.

IDH will invest EGP 300 million to inaugurate 19 new branches in Egypt by the end of 2021, IDH’s CEO Hend El-Sherbiny said.

IDH posted net a profit of EGP 338.637 million during quarter one of 2021.

IDH is a consumer healthcare company in the Middle East and Africa with operations in Egypt, Jordan, Sudan and Nigeria. The Group’s core brands include Al Borg, Al Borg Scan and Al Mokhtabar in Egypt, as well as Biolab in Jordan, Ultralab and Al Mokhtabar Sudan both in Sudan and Echo-Lab in Nigeria.

 

*At press time, the conversion rate is $1 = EGP 15.72

Copyright © 2021 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.