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Upper Egypt Flour Mills' profits drop to EGP 174M in FY2018/19

Upper Egypt Flour Mills' profits drop to EGP 174M in FY2018/19

ArabFinance: Upper Egypt Flour Mills (UEFM)  announced in a statement sent to EGX, the audited financial results for the fiscal period starting July 1, 2018, and ending June 30, 2019.

The company posted consolidated net profits of EGP 174,128,709, compared to net profits of EGP 205,274,164 in the same period a year ago, taking into account the minority rights. 

Moreover, it posted standalone net profits of EGP 159,466,712, compared to net profits of EGP 197,702,330 in the same period last year.

 

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