Middle Egypt Flour Mills profit increases
Updated 4/28/2021 3:34:24 PM
ArabFinance: Middle Egypt Flour Mills Company (CEFM) posted a slight year-on-year increase in its net profit in July-March 2021, according to the company’s financial statements filed to the Egyptian Exchange.
Net profit reached EGP 73.042 million during the nine-month period, compared to EGP 72.445 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.
