Cairo-Mubasher: The ordinary general meeting of Arabian Food Industries (Domty) decided to freeze FY cash dividends, excluding, however, the share of workers, said the dairy product producer in a bourse filing.
The ordinary meeting also approved the financial statements and the reports of the board and auditor for the fiscal year 2015.
According to the unconsolidated statements, Domty registered a net profit of EGP122.4 million in 2015, compared to a net of EGP25.4 million in 2014.
Earlier, the dairy product producers announced a successful tap on the Russian market in the second half of 2015, expecting to export products to Russia at $4 million initially.
