The Co-op also announced a FY25 full year dividend of 57 cents fully imputed, and at the upper end of its dividend policy, equating to US$530 million ($916 million) of cash to shareholders and unit holders.
A favourable 2024/2025 agricultural season enhanced food security and foreign currency inflows, further reinforcing market stability. Nonetheless, constrained liquidity persisted in both ZWG and US$ terms.
The net profits dropped by 93.9% YoY in H1.
The loss per share stood at EGP 0.28, compared to earnings of EGP 0.17 per share in the previous year.
This surge has been largely fueled by booming demand across Europe, with key markets such as France, Spain, Germany, and the Netherlands driving the growth.