East Delta Flour Mills OKs dividend payout of EGP 5.25/shr

Cairo - Mubasher: The ordinary general meeting of East Delta Flour Mills gave go-ahead to distribute dividends of EGP 5.25 per share, at total value of EGP 31.5 million.

The company's net profits stood at EGP 13.6 million in the first quarter of the fiscal year 2015/16, a decline 17% from EGP 16.3 million in the same period a year earlier.

Meanwhile, the company’s total revenues amounted to EGP 519 million, compared with EGP 466 million in Q1-13/14.

MUBASHER Contribution Time: 18-Nov-2015 21:25 (GMT)