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Nozha International Hospital to raise capital, distribute dividends

Nozha International Hospital to raise capital, distribute dividends
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Cairo – Mubasher: The extraordinary general meeting (EGM) of Nozha International Hospital has approved to raise the issued and paid-up capital to EGP 131.83 million from EGP 105.46 million.

The company will distribute a 0.25 bonus share for every original share, according to a bourse filing on Sunday.

Meanwhile, the ordinary general meeting (OGM) has agreed on distributing cash dividends, equivalent to 5% of the share nominal value.

It is noteworthy to mention that in 2021, the company registered a 33% year-on-year (YoY) rise in net profits to EGP 65.88 million, compared to EGP 49.6 million in 2020.