Cairo – Mubasher: North Cairo Flour Mills posted that its profits declined 47% during July-April 2015/16, said the company in a bourse filing.
The company earned a net profit of EGP 18.55 million ($2 million) in the first ten months of 2015/16 compared with EGP 35.24 million ($3.95 million) for the year-ago quarter.
In the first nine months, the company registered a net profit of EGP 13.28 million.