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Delta Sugar’s shareholders approve EGP 0.25/shr dividends for 2019

Delta Sugar’s shareholders approve EGP 0.25/shr dividends for 2019
Shareholders agreed to distribute dividends of EGP 35.5 million
Delta Sugar
SUGR
-2.56% 57.80 -1.52

Cairo – Mubasher: The ordinary general meeting (OGM) of Delta Sugar approved proposed cash dividends for 2019.  

The company’s shareholders agreed to distribute dividends of EGP 35.5 million or EGP 0.25 per share, according to a bourse disclosure on Monday.

It is worth mentioning that in 2019, Delta Sugar reported net profits of EGP 42.9 million, down from EGP 343.74 million in 2018.