General Company for Silos posts slight increase in annual profit

Updated 11/23/2021 4:01:00 PM

ArabFinanceGeneral Company for Silos and Storage (GSSC) achieved a net profit after tax attributable to the parent company of EGP 53.44 million during the period from July 1st, 2020 until June 30th, 2021, according to the company’s income statement filed to the Egyptian Exchange (EGX).

This came slightly higher than the net profit of EGP 53.30 million recorded in the period from July 1st, 2019 until June 30th, 2020.

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.