Middle Egypt Flour Mills records 8.5% YoY profit increase in FY 2021/2022
Updated 8/1/2022 1:22:49 PM
Arab Finance: Middle Egypt Flour Mills Company (CEFM) achieved a net profit after tax of EGP 112.19 million in fiscal year (FY) 2021/2022, rising by 8.49% year-on-year (YoY) from EGP 103.41 million, according to the unaudited financial statement filed to the Egyptian Exchange (EGX) on August 1st.
Revenues increased by 1.27% to EGP 547.49 million in FY 2021/2022 from EGP 540.645 million in FY 2020/2021.
Middle Egypt Flour Mills is an EGX-listed company engaged in the manufacture, trade, import, export, packaging, warehousing, and distribution of grains and related products.
