Cairo – Mubasher: Middle Egypt Flour Mills reported an increase of 75% in net profits for the first quarter of the fiscal year 2016 – 2017.
The company posted net profits of EGP 24.48 million for Q1 – FY16/17, up from EGP 13.98 million for the same period of the previous year.
The company’s revenues grew to EGP 603 million in Q1 – FY16/17, up by 40% y-o-y.
