East Delta Flour Mills registers higher profit
Updated 1/31/2021 12:48:00 PM
ArabFinance: East Delta Flour Mills (EDFM) reported a 5% Year on Year increase in its net profit in the second half of 2020, according to the unaudited financial statements filed to the Egyptian Exchange.
Net interest stood at EGP 52.441 million in July-December 2020, compared to EGP 49.939 million achieved in the prior-year period.
The company distributes annual cash dividends for the fiscal year (FY) 2019/2020 of EGP 11 per share on December 3rd.
East Delta Flour Mills is an Egypt-based company engaged in the manufacture, processing, warehousing, packaging, import, export, and distribution of different types of grains, grain derivatives, and substitutes. The company also produces such products as bread and pasta.
