Juhayna to distribute dividends

The company stated that the dividend will be payable on April 15th

ArabFinance:Juhayna for food industries (JUFO)announced the distribution date of the cash dividends of EGP 0.20 per share, according to a statement sent to the Egyptian exchange.

The company stated that the dividend will be payable on April 15th to the shareholders recorded on April 12th.

On March 16th, the general assembly approved the profit distribution attributable to shareholders for 2019.

The company posted a consolidated net profit of EGP 328,761,115 in 2019, compared to a net profit of EGP 406,096,867 in 2018, including minority shareholders' rights.

Moreover, their standalone net profit reached EGP 367,888,833, compared to 2018's net profit of EGP 301,733,657.

Juhayna Food Industries is a leading Egypt-based manufacturer specialized in the production, processing, and packaging of dairy, juice, and cooking products.

Since its founding in 1983, Juhayna has secured a frontrunner position in the dairy and juice industries in Egypt and has expanded its presence in the Middle East, a feat made possible through its firm commitment to delivering a wide range of high-quality, healthy, and safe products that have become trusted household names.

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