Cairo – Mubasher: Middle Egypt Flour Mills achieved a slight increase in profits to EGP 93.9 million during the nine months from July 2018 to March 2019, compared to EGP 93.4 million in the corresponding period a year ago.
The company’s sales declined to EGP 933 million during the nine months ended in March 2019 from EGP 1.3 billion in the same period last year, according to a bourse statement to the Egyptian Exchange (EGX) on Tuesday.
It is noteworthy that Middle Egypt Mills posted a net profit of EGP 73.03 million from July 2018 to January 2019, compared to EGP 72.93 million in the same period a year ago.
