Cairo – Mubasher: Middle Egypt Flour Mills targets net profits of EGP 36.8 million in the fiscal year 2016/17, according to the company’s estimated budget for FY16/17.
The firm estimated profits stood at EGP 36 million in FY15/16.
Meanwhile, the company eyes revenues of EGP 2.36 billion in FY16/17, compared with EGP 2.47 billion for FY15/16.
Middle Egypt Flour Mills reported net profits of EGP 16.8 million in the first half of FY15/16, up from EGP 16.2 million for the same period a year earlier.
