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Kafr El Zayat Pesticides’ OGM approves EGP 4/share dividends

Kafr El Zayat Pesticides’ OGM approves EGP 4/share dividends

ArabFinanceKafr El Zayat Pesticides’ (KZPC) ordinary general meeting (OGM) has approved the distribution of EGP 4 per share in cash dividends, according to a filing to the Egyptian Exchange (EGX) on Tuesday. 

The company’s consolidated profits excluding minority interest surged to EGP 72.745 million in 2021, from EGP 27.297 million in 2020.

Kafr el Zayat is an Egypt-based company that produces and sells formulations, such as pesticides, insecticides, fungicides, herbicides, rodenticides, and fertilizers to the agricultural and hygienic sectors in Egypt.

The company’s subsidiaries include Kafr el Zayat International for Pesticides and Chemicals, Organic Biotechnology company, and Chemi Company.

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