Alexandria Flour Mills sees higher profits
Updated 1/26/2022 12:15:38 PM
ArabFinance: The board of directors of Alexandria Flour Mills (AFMC) has approved the company’s unaudited financials for the period ended December 31st, 2021, according to the company’s statement to the Egyptian Exchange (EGX).
The company’s net profit hiked 101.6% by the end of December 2021, recording EGP 11.2 million, compared to EGP 5.56 million in the same period of 2020.
Alexandria Flour Mills is an Egypt-based company that operates in the manufacture, trade, import and export, storage, fumigation and maintenance, packaging, processing, and distribution of grain and its substitutes.
