Cairo – Mubasher: The ordinary general meeting of Upper Egypt Flour Mills decided to pay out cash dividends for 2015/16 at EGP 7.5 per share, or 75 of stock's nominal value, totaling EGP 52.5 million, a bourse filing revealed on Monday.
The company operates with EGP 70 million, divided into 7 million shares at EGP 10 each.
The ordinary meeting ratified the consolidate financial results after amending two subsidiaries' statements, said the company, revealing that thus net profit for 2015/16 reached EGP 117.2 million, compared with EGP 103.99 million a year earlier.
