Abu Dhabi – Mubasher:  Agthia Group will pay cash dividends on 26 May to shareholders registered on 6 May, the company said in a bourse filing, adding that the last day to participate in the dividends is 4 May.

On Sunday, shareholders approved a cash dividend totalling AED 60 million or AED 0.10 per share.

Abu Dhabi-listed Agthia reported a net profit growth of 21.8% to AED 193.3 million for the fiscal year 2014 compared to AED 158.7 million in FY13. The food and beverage company attributed its profit growth to rising sales, up 9% to AED 1.66 billion, as well as profit margins improving by 90 basis points (bps) to 28%.

Agthia Group holds assets in the UAE, Turkey and Egypt, and maintains a capital of AED 600 million.