Middle Egypt Flour Mills records EGP 21.47M profit in August

Updated 9/30/2021 10:33:00 AM

ArabFinance: Middle Egypt Flour Mills Company (CEFM) reported a net profit after tax of EGP 21.477 million in August 2021, compared to EGP 20.581 million in August 2020, according to a statement filed to the Egyptian Exchange (EGX).

It is worth noting that Middle Egypt Flour Mills previously posted a net profit of EGP 103.41 million for fiscal year (FY) 2020/2021, up from EGP 98.60 million in FY 2019/2020.

Middle Egypt Flour Mills, 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.