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Domty's shareholders approve EGP 0.20/shr dividends for 2020

Domty's shareholders approve EGP 0.20/shr dividends for 2020
Domty posted net profits of EGP 157.97 million in 2020
DOMTY
DOMT
-0.51% 21.56 -0.11

Cairo – Mubasher: The ordinary general meeting (OGM) of Arabian Food Industries Company (Domty) approved a cash dividend of EGP 0.20 per share for 2020.

The shareholders also approved the reappointment of the board of directors, chaired by Omar El-Damaty, for a new three-year term, the company said in a statement to the Egyptian Exchange (EGX) on Thursday.

Over the course of 2020, Domty posted consolidated net profits of EGP 157.97 million, slightly up from EGP 156.16 million a year earlier, including minority shareholders’ rights.