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Alexandria Flour Mills okays 2019/20 budget

Alexandria Flour Mills okays 2019/20 budget

ArabFinance: Alexandria Flour Mills Company (AFMC) declared in a statement sent to EGX, the ordinary and extraordinary general assemblies meeting to be held on May 12.

The OGM approved the estimated budget 2019/2020, as it has targeted net profits of EGP 20 million and investment budget of EGP 11 million. 

Moreover, the EGM ratified articles no. 21, 39, 47, and 48 of articles of association. 

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