ArabFinance: Middle Egypt Flour Mills Company (CEFM) posted a net profit of EGP 97.866 million during the eleven-month period of the fiscal year (FY) 2020/2021, according to the company’s statement filed to the Egyptian Exchange.
The company posted EGP 90.186 million achieved in the July-May period of FY 2020/2021.
The mill 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.