ArabFinance:  General Company for Silos and Storage (GCSS) (GSSC) posted a net profit of EGP 94.27 million in July-May 2021, according to the company’s financial statements filed to the Egyptian Exchange.

In the July-May period 2020, the company posted EGP 96.77 million.

GCSS targets a net surplus of EGP 84.778 million in FY 2020/2021, according to the estimated budget.

GCSS is an Egypt-based company engaged in the food processing industry sector.

The company is primarily involved in the manufacture, trade, import, export, storage, package, and distribution of different types of grain and its derivatives, foodstuff, and yeast, as well as animal feed and its components.