Alexandria Flour Mills shareholders okay article of association
Updated 6/28/2021 12:40:00 PM
ArabFinance: Alexandria Flour Mills (AFMC) ordinary general assembly approved abiding by Act no. 159 for 1981 and its Executive Regulations, according to the company’s filing to the Egyptian Exchange.
The ordinary general assembly approved the amendment of the article of association according to Act No. 95/1992 and 159/1981 and their Executive Regulations.
Alexandria Flour Mills posted a net profit of EGP 10.366 million in July-March 2021.
This marked a Year on Year (YoY) rise of 3.5% when compared to EGP 10.017 million in the first nine months of the fiscal year (FY) 2020/2021.
The Egypt-based company is engaged in the manufacture, trade, import and export, storage, fumigation and maintenance, packaging, processing, and distribution of grain and its substitutes.
