Arab Finance: The General Company for Silos and Storage’s (GSSC) net profits after tax rose 37.68% year on year (YoY) during the first half (H1) of the current fiscal year (FY) 2023/2024, according to the unaudited financial indicators sent to the Egyptian Exchange (EGX) on February 18th.

Net profits after tax amounted to EGP 92.692 million in H1 FY 2023/2024, compared to EGP 67.326 million in the same half of the prior FY.

GCSS is an Egypt-based company that operates in the food processing industry sector, particularly in the manufacture, trade, import, export, storage, packaging, and distribution of different types of grain and its derivatives, foodstuff, and yeast, as well as animal feed and its components.

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