Cairo – Mubasher: Middle Egypt Flour Mills Company said Wednesday it adjusted profits in financial statements for the fiscal period ended 30 September, 2014, upon instructions from the Central Auditing Organization and upon proposals from the company’s ordinary general meeting held on 13 November, 2014.
The company added, in a bourse filing, that net profits for Q1-14 stood at EGP 12.15 million, compared with EGP 13.4 million before adjustment.
Meanwhile, the company’s net profit for Q1-5 rose by 15% year-on-year.