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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
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