Cairo – Mubasher: Shareholders of Mansoura Poultry gave the go ahead for distributing cash dividends for the fiscal year 2015 at 15% of capital, EGP1.5 a share, totaling EGP8.7 million.

They also approved the board and auditor’s reports and financial statements for the same fiscal year, as well as the amendment of article no. 4 of the company’s statute.

The company’s profits for 2015 shrank 51.6% year-over-year to EGP13.2 million from EGP27.2 million.   

Earlier, shareholders reduced the company's stock par value from EGP 10 to EGP 4, while keeping the company's issued capital unchanged at EGP 57.9 million.