Euro-Med Laboratories Phil., Inc. Approves Declaration of Cash Dividend as of 31 December 2020, Paid on 24 January 2022
December 21, 2021 at 02:47 am EST
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Euro-Med Laboratories Phil., Inc. at its regular meeting held on 21 December 2021 at 3:00 p.m. in which a quorum was present throughout, unanimously approved the declaration of cash dividend in the amount of PHP 0.015 per share from the unrestricted retained earnings of the Corporation as of 31 December 2020, to all stockholders of record as of 07 January 2022 and which shall be paid on 24 January 2022.
Euro-Med Laboratories Phil., Inc. is a Philippines-based company, which is engaged in the manufacturing of pharmaceutical products, such as large and small-volume parenteral and other solutions, inhalation, irrigation, and dialysis. It also manufactures sterile water for injection, and other solutions, such as ophthalmic, inhalation, irrigation and dialysis. The Company's segments include manufacturing pharmaceutical products, providing health and other care services, and development and operation of quick service restaurants. Its subsidiaries include Hemotek Renal Center, Inc. (Hemotek), and CafeFrance Corp (CafeFrance). Hemotek provides renal and other healthcare services and is engaged as a dialysis center. CafeFrance is engaged in the development and operation of quick service restaurant (QSR). CafeFrance is engaged in operating restaurants, bakeries, food services, catering, food production, and other related services incidental thereto.