ArabFinance: Edita Food Industries (EFID) will distribute annual cash dividends of EGP 0.20745 per share on April 22nd, according to the company’s April 7th statement filed to the Egyptian Exchange.

The company stated the dividend will be disbursed to the shareholders recorded on April 19th.

Edita’s extraordinary general assembly approved capital cut by writing off 2,304,461 treasury stocks.

The listed company achieved a net profit of EGP 302.2 million in 2020.

Edita operates in the packaged snack food market. It manufactures, markets, and distributes a range of branded baked snack products, including packaged cakes, croissants, rusks, and wafers, as well as selected confectionery and candy products.

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