Middle Egypt Flour Mills half-year profits grow 19%

Cairo – Mubasher: Middle Egypt Flour Mills said on Sunday that its unaudited financial results showed an increase in net profit after tax by 19.2% in the first half of FY15/16.

The company’s six-month net profits reached EGP19.4 million, compared to EGP16.3 million in the same period a year earlier. Meanwhile, earnings per share reached  EGP1.3, against EGP1.1.

During the five-month period ended November 2015, the company’s profits rose by 18.8% compared to the year-ago period.  

Mubasher Contribution Time: 31-Jan-2016 08:08 (GMT)