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Juhayna sets due date of the cash dividends

Juhayna sets due date of the cash dividends

ArabFinance: Juhayna for food industries (JUFO) decided to distribute cash dividends of EGP 0.20 payable on April 15th.

The shareholders who recorded on April 12th are entitled to the cash dividends, according to the statement sent to the Egyptian exchange.

On March 16th, the general assembly approved the profit distribution attributable to shareholders for 2019.

The company posted a consolidated net profit of EGP 328,761,115 in 2019, compared to a net profit of EGP 406,096,867 in 2018, including minority shareholders' rights.

Moreover, their standalone net profit reached EGP 367,888,833, compared to 2018's net profit of EGP 301,733,657.

Juhayna Food Industries is a leading Egypt-based manufacturer specialized in the production, processing, and packaging of dairy, juice, and cooking products.

Since its founding in 1983, Juhayna has secured a frontrunner position in the dairy and juice industries in Egypt and has expanded its presence in the Middle East, a feat made possible through its firm commitment to delivering a wide range of high-quality, healthy, and safe products that have become trusted household names.

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