Cairo – Mubasher: Edita Food Industries said shareholders of record till 25 May would be entitled to FY15 bonus share distribution, according to a bourse filing.
Earlier, the ordinary general meeting gave the green light to distributing EGP153.6 million cash dividends as well as 1-for-1 bonus shares for 2015.
The extraordinary general meeting agreed on increasing the company’s capital to EGP145.07 million from EGP72.5 million, distributed over 362.7 million shares at EGP0.20 par value each.
In 2015, the company’s consolidated profits grew 30.9% year-over-year to EGP370.9 million from EGP283.4 million.
Meanwhile, its FY15 standalone profits declined by 9.5% year-on-year to EGP265.9 million from EGP293.9 million.
