ArabFinance: The shareholders of East Delta Flour Mills (EDFM) agreed, during November 4th ordinary general meeting, to distribute EGP 66 million as cash dividends for fiscal year (FY) ended on June 30th 2020, according to a disclosure to the Egyptian Exchange.
The company will pay EGP 11 per share to the entitled stakeholders, the statement noted.
East Delta Flour Mills’ net profit exceeded EGP 120 million in FY 2019/2020.