El Ahram for Printing and Packing’s ordinary general meeting has approved the deferral of dividends for the fiscal year ended 31 December 2014.

The dividends were deferred to the general reserves due to the company’s late expansions, according to a bourse statement.

El Ahram for Printing reported net profits of EGP 6.9 million for 2014, down by 30.3% from the previous year.

The company is capitalised at EGP 26 million, distributed across 5.2 million shares at EGP 5 par value each.