Cairo – Mubasher: Upper Egypt Flour Mills posted a 25% rise in its net consolidated profits for the first nine months of 2015/16, said the company in a bourse filing on Monday.
The company earned EGP 99 million ($11 million) in Q1, compared with EGP 79 million ($8.56 million) for the year-ago quarter.
Its standalone profits for the same period moved down to EGP 94.8 million ($10.7 million) from EGP 72.3 million ($8.20 million).
Over the fiscal year 2015, the company earned EGP 66.45 million.
