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Middle Delta Flour Mills approves EGP8 dividends /shr

Middle Delta Flour Mills approves EGP8 dividends /shr
Flour Mills

Cairo – Mubasher: The ordinary general meeting of Middle and West Delta Flour Mills approved to raise the company’s distribution from EGP 7 per share to EGP 8.per share.

The company’s total dividends distribution will amount to EGP 60 million distributed across EGP 7.5 million shares.

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