Cairo – Mubasher: The General Company for Silos and Storage reported a net profit of EGP 100.02 million in fiscal year 2018/2019, compared to EGP 91.84 a year earlier.

Meanwhile, revenues grew to EGP 413.56 million from EGP 388.54 million in FY 17/18, the company said in a statement to the Egyptian Exchange (EGX) on Monday.

In addition, the company’s board of directors recommended a cash dividend distribution of EGP 32.5 million, or EGP 3.25 per share, for FY18/19.

The company’s capital reaches EGP 100 million, distributed over 10 million shares at a nominal value of EGP 10 apiece.