Alexandria Flour Mills (AFMC)

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News

27 July 2022 11:49 AM Alexandria Flour Mills spends EGP 39m of capital raise proceeds

Cairo – Mubasher: Alexandria Flour Mills has spent around EGP 39.03 million of its capital raise subscription proceeds, totaling EGP 49.65 million. The company spent EGP 39 million nearly to complete financing phase three of Alexandria Mill …

Banking and Finance

24 January 2021 11:57 AM Alexandria Flour Mills sees 23% higher net profits in H1-20/21

Cairo – Mubasher: Alexandria Flour Mills posted a 22.88% year-on-year (YoY) growth in its net profits, logging EGP 5.57 million during the first half (H1) of fiscal year 2020/2021, compared to EGP 4.53 million in the year-ago period, the unaudited …

Financial Results

22 October 2019 11:41 AM Alexandria Mills’ profits plunge 69% in Q1-19/20

Cairo – Mubasher: The financial indicators of Alexandria Flour Mills showed a 69% year-on-year decline in profits during the first quarter of fiscal year 2019/2020, pushed by lower sales. The profits retreated to EGP 2.6 million during the …

Company News

20 October 2019 01:55 PM Alexandria Mills’ shareholders approve EGP 0.30/shr dividend for FY18/19

Cairo – Mubasher: The ordinary general meeting of Alexandria Flour Mills approved a cash dividend distribution of EGP 0.30 per share for fiscal year 2018/2019. The company’s OGM agreed to distribute a total amount of EGP 26.123 million, including …

Cash Dividends

10 October 2019 05:53 PM Alexandria Flour Mills proposes EGP 0.30/shr dividend for FY18/19

Cairo – Mubasher: Alexandria Flour Mills announced that it has recommended a cash dividend distribution of EGP 0.30 per share for fiscal year 2018/2019. The company proposed paying out a total amount of EGP 26.123 million, including EGP 9.867 …

General Assembly

12 September 2019 08:57 PM Alexandria Mills’ FY18/19 audited statements show 44.6% profit decline

Cairo – Mubasher: Alexandria Flour Mills’ audited financial statements have shown a 44.6% year-on-year profit decline during the fiscal year 2018/2019. The company’s net profit reached EGP 26.58 million in FY18/19, compared to EGP 48.06 million in …

Financial Results

28 July 2019 03:51 PM Alexandria Mills posts 34% profit drop in FY18/19

Cairo – Mubasher: Alexandria Flour Mills posted a 34.2% year-on-year profit decline during fiscal year 2018/2019. Net profits totalled EGP 31.6 million from July 2018 to last June, compared to EGP 48.06 million in the prior-year period, according …

Financial Results

17 April 2019 11:45 AM Alexandria Flour’s profit falls 35% in 9M

Cairo – Mubasher: Alexandria Flour Mill Company (AFMC) reported a 35% year-on-year drop in its profits during the first nine months of fiscal year 2018/2019, according to a filing to the Egyptian Exchange (EGX) on Wednesday. Net profits reached …

Financial Results

20 September 2017 11:34 AM Alexandria Mills' profits surge 63% in FY16/17

Cairo – Mubasher: Alexandria Flour Mills on Wednesday posted a 63% year-on-year rise in profits for fiscal year 2016/2017 due to an increase in its revenues. The EGX-listed firm achieved profits of EGP 59.6 million in the fiscal year ended June …

Financial Results

30 July 2017 04:38 PM Alexandria Mills profits up 77% in FY16/17

Cairo - Mubasher: Alexandria Flour Mills Company (AFMC) has reported a rise in profits by 77% year-on-year on the back of a growth in sales, as shown by the company’s financial indicators. The company said in a statement to the Egyptian Exchange …

Financial Results

28 May 2017 11:21 AM Alexandria Mills OGM approves FY17/18 budget

Cairo – Mubasher: Alexandria Flour Mills said Sunday that its ordinary general meeting (OGM) has adopted the budget draft for fiscal year 2017-2018. The company seeks to achieve a net profit of EGP 42 million for FY17/18, compared to an estimated …

General Assembly

28 May 2017 10:48 AM Alexandria Mills EGM approves capital increase

Cairo - Mubasher: Alexandria Flour Mills’ extraordinary general meeting (EGM) has voted for a proposal to raise the issued and paid-up capital from EGP 40 million to EGP 164.4 million through a rights issue. Furthermore, the EGM approved to …

General Assembly

23 April 2017 04:28 PM Alexandria Mills profits double in Q3

Cairo - Mubasher: Alexandria Flour Mills reported an increase in profits by 100% year-on-year in the third quarter of fiscal year 2016/2017, as shown by the company’s financial indicators. Profits reached EGP 22.18 million in Q3-FY16/17 compared …

Financial Results

19 April 2017 00:26 PM EGX reviews Alexandria Flour Mills capital hike documents

Cairo – Mubasher: The Egyptian Exchange (EGX) said Wednesday that Alexandria Flour Mills has submitted the documents to raise its issued capital by EGP 124.45 million from EGP 40 million to EGP 164.45 million. The company also requested to raise …

Corporate Actions

12 February 2017 10:48 AM Alexandria Flour Mills Q2 profits up 7.6%

Cairo – Mubasher: Alexandria Flour Mills reported on Sunday a rise of 7.65% in the company’s profits for the second quarter of the fiscal year 2016-2017 to EGP 9.28 million, versus EGP 8.62 million for Q2-15/16. In the first half of fiscal …

Financial Results

21 December 2016 11:34 AM Alexandria Flour Mills approves capital hike

Cairo – Mubasher: The extraordinary general meeting of Alexandria Flour Mills agreed to increase the company’s capital by EGP 74.8 million, according to a bourse statement issued on Wednesday. The Egyptian firm will issue the shares at the nominal …

Management Decisions

30 October 2016 03:34 PM Alexandria Flour Mills profits up 34.1% in Q1

Cairo – Mubasher: Alexandria Flour Mills posted an increase of 34.1% in net profits for the first quarter of the fiscal year 2016 – 2017. The company profit stood at EGP 15.1 million for Q1 – FY16/17, up from EGP 11.2 million a year earlier. …

Financial Results

18 October 2016 00:46 PM Alexandria Flour Mills approves EGP 1.7 dividends per share

Cairo – Mubasher: Alexandria Flour Mills said its general meeting approved the distribution of EGP1.7 dividends per share for the fiscal year ended The general meeting also approved offsetting the deferred losses by an amount of EGP 16.34 million …

Cash Dividends

26 September 2016 10:56 AM Alexandria Flour Mills posts lower annual profits

Cairo – Mubasher: Alexandria Flour Mills reported a 3.7% decline in its profits for the fiscal year ended 30 June 2016, according to a bourse filing on Monday. The company earned EGP 36.6 million in 2015/16, compared with EGP 38.08 million a year …

Financial Results

12 July 2016 01:30 PM Alexandria Flour Mills board nods for capital top-up

Cairo – Mubasher: The board of Alexandria Flour Mills gave the green light to raising the company’s capital by EGP 74.8 million to EGP 114.8 million from 74.8 million, according to a bourse filing. Yesterday, Hany Magdy Hafez, company’s investor …

Companies Investments

11 July 2016 03:08 PM Alexandria Flour Mills board tackles capital hike

Cairo – Mubasher: The board of directors of Alexandria Flour Mills will hold a meeting today 11 July to discuss raising the company’s capital by EGP 74.8 million, said Hany Magdy Hafez, company’s investor relations manager. Hafez told Mubasher …

Companies Investments

19 April 2016 04:44 PM Alexandria Flour Mills profits edge down 0.1% in 9M

Cairo – Mubasher: Alexandria Flour Mills posted a decline in its profits by 0.13% in the first nine months of 2015/16. The company registered a net profit of EGP30.96 million ($3.47 million) compared to EGP31 million ($3.48 million) in the …

Financial Results

7 December 2015 10:02 AM Record date for Alexandria Flour Mills dividends 7 Dec.

Cairo-Mubasher: Alexandria Flour Mills will pay cash dividends for the last fiscal year at EGP 1.7 a share on 10 December. Shareholders of record on 7 December are eligible for the dividends. The company posted a 0.53% decline year-on-year in net …

Cash Dividends

19 November 2015 04:53 PM Alexandria Flour Mills approves EGP 1.7 dividend payout per share

Cairo - Mubasher: The ordinary general meeting of Alexandria Flour Mills gave a nod to distribute dividends of EGP 1.7 per share. The dividends payment will take place in 10 December, while shareholders of record date until the close of 7 December …

Cash Dividends

17 November 2015 05:11 PM Alexandria Flour Mills posts EGP 38.1m profit in year

Cairo - Mubasher: Alexandria Flour Mills posted net profits of EGP 38.1 million for the fiscal year ended September 2015. The company reported net profits of EGP 38.29 million a year earlier, up 0.53%. The firm's revenues stood at EGP 1.3 billion …

Financial Results