Egypt

The chairman or CEO is also empowered to represent the company in legal matters and dealings with third parties.

Over 420 collection points set up nationwide as government offers above-market prices to farmers to strengthen local supply and reduce import dependency.

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.

According to the company, the results reflect the broader economic headwinds affecting Egypt’s food and grain processing sector.