East Delta Mills reports 12% rise in H1-15/16 profit

Cairo – Mubasher: East Delta Flour Mills Company reported on Sunday net profit of EGP 24.1 million in the first half of fiscal year 2015/16, with an increase of 11.8% compared to EGP 21.6 million in the same period of the previous year.

Gross profit came to EGP 53 million, versus EGP 56 million.

The company earlier posted a rise of 5.8% in net profit of the first quarter last year to EGP 13.84 million, compared to EGP 13.07 million a year earlier.

Mubasher Contribution Time: 24-Jan-2016 10:42 (GMT)