Cairo – Mubasher: Middle and West Delta Flour Mills has reported a 9.7% year-on-year profit decline during the first nine months of the fiscal year 2018-2019, recording EGP 116.06 million.
The company’s revenue declined to EGP 832.82 million in the nine-month period ended 31 March 2019 versus EGP 1.13 billion in the year-ago period, according to a company statement released on Wednesday.
From July to the end of December, the Egypt-listed firm’s profit went down EGP 86.28 million, compared to EGP 64.88 million the year before.
