Middle and West Delta Flour eyes net surplus of EGP 101M
Updated 3/4/2021 4:41:00 PM
ArabFinance: Middle and West Delta Flour Mills’ board of directors eyed a net surplus of EGP 100.75 million in the fiscal year (FY) 2021/2022, according to the company’s statement filed to the Egyptian Exchange.
The company’s board of directors approved the budget for the FY 2021/2022, with EGP 25 million investment budget.
Earlier, the company announced a self-financed investment plan worth EGP 17 million for FY 2020/2021.
The listed company is involved in the manufacture, processing, import, export, warehousing, and distribution of different types of grains and derivatives.
