Kafr El Zayat approves EGP 2.5/share coupon

Updated 3/28/2021 10:50:00 AM

ArabFinance: The ordinary general assembly of Kafr el Zayat Pesticides and Chemicals Company (KZPC) approved distributing cash dividends to shareholders for 2020, the company said in a statement to the Egyptian Exchange on March 28th.

The company will pay coupon number 26 worth EGP 2.5 per share.

In 2020, the company achieved a consolidated net profit of EGP 27.29 million.

Kafr el Zayat is an Egypt-based company that produces and sells formulations, such as pesticides, insecticides, fungicides, herbicides, rodenticides, and fertilizers to the agricultural and hygienic sectors in Egypt.

The company’s subsidiaries include Kafr el Zayat International for Pesticides and Chemicals, Organic Biotechnology company, and Chemi Company.