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Cairo Poultry to distribute EGP 77M

Cairo Poultry to distribute EGP 77M

ArabFinance: Cairo Poultry Company (CPC) (POUL) ordinary general assembly approved cash dividends of EGP 76.640 million, the company said in a statement on April 1st.

The company achieved a consolidated net profit of EGP 103.37 million in 2020, down 11.5% when compared to EGP 116.84 million in 2019, excluding minority shareholders’ rights.

CPC, a subsidiary of Kuwait Food Company, is an Egypt-based company that operates in the farming and food processing sectors.

The listed firm focuses on the breeding and fattening chicks, production of animal feed, and hatching of eggs, as well as participating in similar projects inside and outside Egypt.

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