North Cairo Mills suffers loss of EGP 12M
Updated 5/5/2021 1:51:00 PM
ArabFinance: North Cairo Mills Company (NCMC) incurred a net loss of EGP 12.320 million in the nine months ending March 2021, according to the company’s statement filed to the Egyptian Exchange.
In July- March 2020, the company posted a net profit of EGP 7.299 million.
The company distributed annual cash dividends of EGP 0.50 per share on December 20th.
North Cairo Flour Mills, a subsidiary of the Holding Company for Food Industries, is an Egypt-based public shareholding company engaged in the food processing industry sector.
The company is primarily involved in the processing, packaging, storing, trading, and distribution of different types of grains, grain derivatives, and substitutes.
