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Delta Sugar proposes EGP 0.25/shr dividend for 2019

Delta Sugar proposes EGP 0.25/shr dividend for 2019
Total proposed dividends amount to EGP 35.549 million
Delta Sugar
SUGR
-6.79% 64.00 -4.66

Cairo – Mubasher: The board of directors of Delta Sugar recommended a cash dividend distribution of EGP 0.25 per share for 2019.

Total proposed dividends amount to EGP 35.549 million, the company said in a statement to the Egyptian Exchange (EGX) on Tuesday.

For the full-year 2019, the company’s net profits dropped to EGP 42.9 million from EGP 343.74 million in 2018.