Cairo – Mubasher: Upper Egypt Flour Mills posted an increase of 35.8% in net profits for the first quarter of the fiscal year 2016 – 2017.
The company saw net profits of EGP 45.63 million for Q1, up from EGP 33.58 million for the same period of the previous year.
The company also registered an increase of 1.8% y-o-y in revenues as they reached EGP 703.40 million in Q1.
