By Ahmed Allam

Cairo – Mubasher: Arab Drug Company shareholders endorsed on Tuesday a proposed dividend payout at EGP 0.15 per share for the fiscal year 2014/2015.

They also ratified the board’s report on business activity, as well as financial statements, for the same fiscal year.

The drug producer earlier posted EGP 4.2 million ($540,150) in net profit after tax for FY14/15, up 66.3% from EGP 2.8 million ($360,180) a year earlier.