Cairo – Mubasher: North Cairo Flour Mills Company posted on Sunday an increase of 188% year-on-year in net profit for the first half ended 31 December 2015/16.
Net profit after tax reached EGP 7.7 million in H1-15/16, versus EGP 2.7 million in the same period of 2014/15.
Net profit after tax reached EGP 7.7 million, versus EGP 2.7 million in the same period of 2014.
Total sales reached EGP 693.2 million, compared to EGP 962.4 million.
The company, listed in the Egyptian Exchange, earlier reported a rise of 163% in net profit for the five-month period ended 30 November 2015.
The company’s share closed Thursday with a rise of 0.31% to EGP 12.95, and with a trading volume of 11,600 shares exchanged at EGP 149,540.
