Arab Finance: North Cairo Mills Company saw a 12.63% year-on-year (YoY) increase in net profits after tax during the fiscal year (FY) 2023/2024, according to the firm’s financial indicators.
Net profits after tax came in at EGP 69.187 million last FY, compared to EGP 61.43 million a year earlier.
Meanwhile, revenues inched up to EGP 1.28 billion from EGP 1.234 billion.
North Cairo Flour Mills, a subsidiary of the Holding Company for Food Industries, is an Egypt-based public shareholding company engaged in the food processing industry sector.