Cairo – Mubasher: South Cairo and Giza Flour Mills and Bakeries turned into losses in the first eleven months of 2015/16, according to a bourse filing.
The company logged EGP 12.7 million losses during the period extended from 1 July 2015 until 31 May 2016, versus EGP 12.8 million profits for the year-ago period.
In May 2016, the company earned EGP 1.6 million compared with EGP 1.4 million in May 2015.
During the first nine months, the company lost EGP 14.7 million.
