ArabFinance:  East Delta Flour Mills (EDFM) will distribute annual cash dividends for the fiscal year (FY) 2019/2020 of EGP 11 per share on December 3^rd, according to the company’s November 15^th statement filed the Egyptian Exchange.

The company stated the dividend will be disbursed to the shareholders recorded on November 30^th.

The company posted a net profit of EGP 25,432,034 in the July-September period of 2020, a 1.9% increase from EGP 24,958,729 achieved in the corresponding period a year earlier.

East Delta Flour Mills is an Egypt-based company engaged in the manufacture, processing, warehousing, packaging, import, export, and distribution of different types of grains, grain derivatives, and substitutes. The company also produces such products as bread and pasta.