Middle Egypt Flour Mills profits up 18.8% in 5m

Cairo - Mubasher: Middle Egypt Flour Mills registered an increase of 18.8% in net profits for the first five months of the fiscal year 2015/16.

The company reported net profits of EGP 17.5 million for this five-month period of FY15/16, up from EGP 15 million a year earlier.

On other hand, the company pointed out that it implemented projects totaling EGP 6.516 million until 27 December 2015.

The firm's net profits grew 15% for the first quarter of the fiscal year 2015/16.

Mubasher Contribution Time: 03-Jan-2016 09:37 (GMT)