South Cairo and Giza Mills records EGP 1.6M surplus in February
Updated 3/28/2022 12:14:43 PM
ArabFinance: South Cairo and Giza Mills and Bakeries (SCFM) has recorded a surplus of EGP 1.606 million in February 2022, compared to a deficit of EGP 4.458 million in the same month last year, according to a filing to the Egyptian Exchange (EGX) on Monday.
South Cairo and Giza Mills’ net profit after tax fell by 85% year-on-year (YoY) for the six-month period ended December 31st 2021.
South Cairo and Giza Mills, a subsidiary of the Holding Company for Food Industries, is an Egypt-based joint-stock milling company engaged in the processing, trading, importing and exporting, packaging, warehousing, and distributing grains and its related products. Its product portfolio includes flour, pasta, bakery products, and fodder.
