South Cairo and Giza Mills, a subsidiary of the Holding Company for Food Industries, is an Egypt-based joint-stock milling company engaged in the processing, trading, importing and exporting, packaging, warehousing, and distributing grains and its related products. Its product portfolio includes flour, pasta, bakery products, and fodder.
South Cairo and Giza Mills swings to loss
Updated 5/27/2021 11:00:00 AM
ArabFinance: South Cairo and Giza Mills and Bakeries (SCFM) posted a net loss of EGP 3.458 million in April 2021, according to the company’s May 27th financial statements filed to the Egyptian Exchange.
In April 2020, South Cairo posted a net profit of EGP 1000.
SCFM offered a public tender for property and liability insurance in order to insure its fixed and current assets in the fiscal year 2021/2022.
