Alexandria Flour posts EGP 5.569 million in profit
Updated 2/7/2021 11:46:00 AM
ArabFinance: Alexandria Flour Mills (AFMC) posted a 22.9% Year on Year (YoY) jump in its net profit in the first half of (H1) for the fiscal year (FY) 2020/2021, according to the company’s February 7th audited financial statements to the Egyptian Exchange.
Net profit stood at EGP 5.569 million in July-December 2020, compared to EGP 4.532 million achieved in the prior-year period.
The figures are the same as the unaudited results.
The Egypt-based company is engaged in the manufacture, trade, import and export, storage, fumigation and maintenance, packaging, processing, and distribution of grain and its substitutes.
