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Edita's shareholders approve EGP 0.27/shr dividends

Edita's shareholders approve EGP 0.27/shr dividends
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Edita
EFID
-2.66% 31.16 -0.85

Cairo – Mubasher: The ordinary general meeting (OGM) of Edita Food Industries has approved a cash dividend distribution of EGP 0.27 per share for 2021.

The cash dividend payout aggregates at a total value of EGP 200 million, according to a bourse filing on Thursday.

It is noteworthy to mention that in 2021, the consolidated net profits of Edita increased by 52% to EGP 528.87 million, compared to EGP 347.69 million in the earlier year, including minority shareholders' rights.