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Cleopatra Hospitals Group not to pay dividends for 2020

Cleopatra Hospitals Group not to pay dividends for 2020
CHG reported net profits of EGP 297.6 million in 2020
Cleopatra Hospital
CLHO
-5.42% 4.28 -0.24

Cairo – Mubasher: The ordinary general meeting (OGM) of Cleopatra Hospitals Group (CHG) approved the board’s proposal for not distributing dividends to shareholders for 2020.

The OGM also decided to pay employees a profit share of EGP 29.5 million from last year’s earnings, the group said in a bourse disclosure on Sunday.

During 2020, CHG reported net profits of EGP 297.6 million, up from EGP 265.35 million in 2019, including minority shareholders’ rights.