Cairo - Mubasher: The board members of Juhayna Food Industries approved increasing its issued and paid-in capital by EGP 294.18 million to EGP 1.76 billion from EGP 1.47 billion.
The capital hike will be executed through the distribution of bonus shares, according to a bourse filing.
Meanwhile, the Egyptian firm will disburse one bonus share for every four existing shares.
The decision is yet subject to the approval of the Financial Regulatory Authority (FRA).
During 2025, Juhayna reported year-on-year (YoY) higher consolidated net profits after tax at EGP 1.91 billion, compared to EGP 2.73 billion.
