Egypt's Middle and West Delta Mills approves dividend for FY20/21

Total dividends amount to $6.20mln

  
Traders work at the Egyptian stock exchange in Cairo February 2, 2014.

Traders work at the Egyptian stock exchange in Cairo February 2, 2014.

REUTERS/ Mohamed Abd El Ghany
Cairo –  The ordinary general meeting (OGM) of Middle and West Delta Flour Mills approved a cash dividend distribution of EGP 13 per share for fiscal year (FY) 2020/2021.

Total dividends amount to EGP 97.5 million for the year ended 30 June, the company said in a bourse disclosure on Monday.

The company achieved net profits of EGP 191.018 million in FY20/21, up from EGP 180.72 million a year earlier.

Source: Mubasher

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