ArabFinance: Middle Egypt Flour Mills Company (CEFM) posted a slight year-on-year increase in its net profit in July-February 2021, according to the company’s financial statements filed to the Egyptian Exchange.

Net profit reached EGP 65.215 million during the seven-month period ended February 2021, compared to EGP 64.382 million achieved in the prior-year period.

The company achieved a net profit of EGP 47.501 million in July-December 2020.

The listed firm, a member of the Holding Company for Food Industries, is engaged in the manufacture, trade, import, export, packaging, warehousing, and distribution of grains and related products.