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Sharkia National Food OKs EGP 0.10/shr dividends

Sharkia National Food OKs EGP 0.10/shr dividends
Photo Credit: Arabianeye-Reuters
Sharkia National Food
SNFC
-0.11% 8.71 -0.01

Sharkia National Food Co.’s ordinary general meeting (OGM) approved a dividends pay out of EGP 0.10 per share at a total amount of EGP 1.6 million.

The company reported net profits of EGP 2.3 million ($312,000) for 2014, compared with EGP 196,400 ($25,700) for 2013.

The company is capitalised at EGP 81.9 million, divided into 16.4 million shares at EGP 5 par value each.