Cairo – Mubasher: National Company for Maize Products posted a decline of 15.38% in net profits for 2015.
The firm saw net profits of EGP 70.87 million in 2015, up from EGP 83.75 million in the previous year.
Meanwhile, the company reported revenues of EGP 841.7 million in 2015compared with EGP 932.2 million in 2014.
The firm attributed its profits decline to the stoppage of one of its factories which adversely effected both the production and the sales, in addition to the increasing power prices.
