Cairo - Mubasher: Juhayna Food Industries Company’s (JUFO) ordinary general meeting (OGM) on 5 April will discuss the proposed dividend distribution for 2016.
The company’s extraordinary general meeting (EGM) will look into the amendment of Article 4 of the statute to change its headquarters, Juhayna added in its statement to the Egyptian Exchange (EGX) on Sunday.
The board recommended distributing cash dividends of EGP 0.15 per share beginning of March.
The company turned to losses of EGP 114.8 million in the fourth quarter of 2016, according to its collective financial statements.
Juhayna’s capital amounts to EGP 941.4 million distributed on 941.4 million shares with a nominal value of EGP 1 per share.
The company’s stock rose 1.81% to EGP 7.3 at the end of Thursday’s trading session.
