General Company for Silos posts EGP 85m profit in 10M

Cairo – Mubasher: General Company for Silos and Storage reported a 4.4% year-on-year net profit growth during the first ten months of fiscal year 2018/2019, the company’s board of directors announced.

Net profits amounted to EGP 85.24 million from July 2018 to last April, compared to EGP 81.58 million in the year-ago period, the company said in a statement to the Egyptian Exchange (EGX) on Tuesday.

During the first nine months of FY18/19, the EGX-listed firm logged a net profit of EGP 75.1 million, up 3.98% year-on-year from EGP 72.18 million.

Revenues registered EGP 294.12 million in the July-March period of FY18/19, compared to EGP 282.26 million in the same period a year ago.

Mubasher Contribution Time: 21-May-2019 09:02 (GMT)
Mubasher Last Update Time: 21-May-2019 09:06 (GMT)