Thndr Claps » EGY Claps » Earnings 📈 » MNHD announces earnings; proposes bonus shares💰
Madinet Nasr Housing (MNHD) has announced its 2021 earnings, as well as a capital increase in the form of bonus shares.
More Details🧐Madinet Nasr for Housing & Development (MNHD) reported a net profit of EGP 282.8 million in 2021, down 72% YoY.
The company agreed to distribute bonus shares with a par value of EGP 228 million.
Why is this Important🤔The company’s paid-in capital will go from EGP 1.8 billion to EGP 2.1 billion, an EGP 228 million increase.
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