Middle and West Delta Flour Mills’ board approves FY 2022/2023 estimated budget
Updated 2/27/2022 4:06:38 PM
ArabFinance: The board of directors of Middle and West Delta Flour Mills (WCDF) has approved the estimated budget for fiscal year (FY) 2022/2023, with a targeted net profit after tax of EGP 100.75 million, according to a statement filed to the Egyptian Exchange (EGX).
It is worth noting that the company recorded a net profit after tax of EGP 71.43 million in the July-December period of 2021, compared to a profit of EGP 68.66 million in the same period of 2020.
The EGX-listed company is engaged in the manufacture, processing, import, export, warehousing, and distribution of different types of grains and derivatives.
