Cairo – Mubasher: The ordinary general meeting (OGM) of Edita Food Industries approved a proposal to distribute cash dividends for 2019.

The company’s shareholders decided to distribute cash dividends of EGP 145.07 million or EGP 0.20 per share, according to a bourse disclosure on Tuesday.

The Egyptian firm’s net profits grew to EGP 409.46 million in 2019 from EGP 336.89 million in 2018, including minority shareholders’ rights.