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Cairo Poultry approves EGP 0.25/share dividends for 2018

Cairo Poultry approves EGP 0.25/share dividends for 2018
Dividends amounted to EGP 119.75 million
Cairo Poultry
POUL
-7.13% 7.16 -0.55

Cairo – Mubasher: Cairo Poultry’s shareholders approved to distribute a cash dividend of EGP 0.25 per share for 2018 during an ordinary general meeting (OGM).

Total dividends amounted to EGP 119.75 million, according to a statement to the Egyptian Exchange (EGX) on Sunday.

For the full-year 2018, the EGX-listed firm logged EGP 147.62 million in net profits after taxes, compared to EGP 365.6 million in the prior year.

Revenues rose to EGP 4.57 billion last year from EGP 4.3 billion in 2017.