Cairo – Mubasher: Middle and West Delta Flour Mills said its board of directors studies distributing dividends payout of EGP 7 per share at total amount of EGP 52.5 million.

The company saw net profits of EGP 121.7 million in the fiscal year 2015/16, up by 49% from EGP 81.7 million a year earlier.

The firm is capitalized at EGP 75 million distributed across 7.5 million shares at EGP 10 each.