The company’s revenue also climbed 24% year-on-year to N442.1 billion (US$363.6 million), buoyed by strong performances in flour, rice, and pasta segments.
The company will pay a dividend of EGP 0.85 (US$0.017) per share to eligible shareholders.
The conference highlighted the growing need for sustainable, high-protein feed options to support rapidly expanding fish farming sectors.
This dramatic rise positions Nigeria as a key player in Russia’s expanding agricultural trade with Africa.
In addition to protein concentration, quality standards have been rigorously upheld.