Cairo – Mubasher: South Cairo and Giza Flour Mills and Bakeries’ ordinary general meeting (OGM) has approved the budget draft for fiscal year 2017/2018.
The company targets profits worth EGP 17.23 million for FY17/18, compared to an estimated profit of EGP 2.7 million for FY16/17, a bourse filing said on Sunday.
The investment budget for FY17/18 was set at EGP 50.5 million.