Middle Egypt Flour Mills (CEFM)

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News

2 November 2021 01:14 PM Middle Egypt Flour Mills shareholders approve EGP 3.25/shr dividend

Cairo – Mubasher: The ordinary general meeting (OGM) of Middle Egypt Flour Mills approved a proposal to distribute cash dividends of EGP 3.25 per share for fiscal year (FY) 2020/2021.  The total dividends amount to EGP 47.85 million for the year …

General Assembly

6 October 2020 00:14 PM Middle Egypt Mills reports 23% profit drop in FY19/20

Cairo – Mubasher: Middle Egypt Flour Mills reported a 23.3% year-on-year (YoY) decline in its net profits, logging EGP 98.6 million in fiscal year 2019/2020, compared to EGP 128.68 million. In the addition, the company’s revenues retreated to EGP …

Financial Results

30 April 2020 01:26 PM Middle Egypt Mills reports 23% profit slide in 9M initial results

Cairo – Mubasher: The unaudited financial results of Middle Egypt Flour Mills showed a 22.8% year-on-year (YoY) profit drop during the first nine months of fiscal year 2019/2020. The company achieved net profits of EGP 72.44 million from July 2019 …

Financial Results

2 February 2020 01:25 PM Middle Egypt Mills posts 11% profit drop in H1-19/20

Cairo – Mubasher: The unaudited financial results of Middle Egypt Flour Mills reported an 11% year-on-year profit decline in its net profits during the first half of fiscal year 2019/2020. Net profits fell to EGP 47 million during the six-month …

Financial Results

31 October 2019 01:37 PM Middle Egypt Mills to distribute EGP 70m dividends for FY18/19

Cairo – Mubasher: The general assembly of Middle Egypt Mills has approved distributing cash dividends worth EGP 4.75 per share for the fiscal year 2018-2019. The company will pay a total of EGP 69.6 million for FY18/19, compared to EGP 66.2 …

Macroeconomics

30 September 2019 06:09 PM Middle Egypt Mills' profit falls 12% in FY18/19; dividends proposed

Cairo – Mubasher: The audited financial statements of Middle Egypt Flour Mills showed a 12.4% year-on-year decrease in its net profits during fiscal year 2018/2019. Net profits tumbled to EGP 128.68 million in the twelve-month period ended 30 …

Cash Dividends

1 August 2019 11:36 AM Middle Egypt Mills' unaudited financials post 8% profit drop in FY18/19

Cairo – Mubasher: Middle Egypt Flour Mills recorded a 7.9% year-on-year profit decline during fiscal year 2018/2019, the company's unaudited financial results showed.  Net profits slid to EGP 135.2 million in the twelve-month period ended 30 June, …

Financial Results

2 July 2019 03:10 PM Middle Egypt Mills logs EGP 123.8m profit in 11M

Cairo – Mubasher: Middle Egypt Flour Mills reported a 5.8% year-on-year profit retreat during the first 11 months of fiscal year 2018/2019, the company’s board of directors said. Net profits stood at EGP 123.8 million from July to last May, …

Financial Results

2 June 2019 02:49 PM Middle Egypt Mills logs EGP 97m profit in 10M

Cairo – Mubasher: Middle Egypt Flour Mills posted an 11.8% year-on-year decline in its profits during the first ten months of fiscal year 2018/2019. Net profits retreated to EGP 97.18 million from July 2018 to last April, compared to EGP 110.21 …

Financial Results

30 April 2019 03:40 PM Middle Egypt Mills records EGP 93.9m profits in 9M

Cairo – Mubasher: Middle Egypt Flour Mills achieved a slight increase in profits to EGP 93.9 million during the nine months from July 2018 to March 2019, compared to EGP 93.4 million in the corresponding period a year ago. The company’s sales …

Financial Results

16 April 2019 05:29 PM Middle Egypt Mills eyes EGP 52.5m profit in FY19/20

Cairo – Mubasher: Middle Egypt Flour Mills on Tuesday announced that the company’s board has approved the estimated budget for fiscal year 2019/2020, according to a statement to the Egypt Exchange (EGX). The company expects a surplus worth EGP …

Financial Results

11 June 2017 11:03 AM Middle Egypt Mills to pump EGP 44m investments in FY17/18

Cairo – Mubasher: Middle Egypt Flour Mills said Sunday that its ordinary general meeting (OGM) has approved the estimated budget for fiscal year 2017/2018, according to a bourse filing. The company had earlier said that it targets a net profit of …

General Assembly

25 May 2017 11:12 AM Middle Egypt Mills profits rise 146% in 9M

Cairo – Mubasher: Middle Egypt Flour Mills on Thursday posted a rise of 146% in profits for the first nine months of fiscal year 2016/2017 to EGP 91.7 million, compared to EGP 37.24 million for the same period of FY15/16. Revenues for the first …

Financial Results

2 May 2017 03:27 PM Middle Egypt Mills profits surge 148%

Cairo – Mubasher: Middle Egypt Flour Mills net profits jumped 148% during the nine months ended March 2017, according to a bourse filing. Net profits levelled up to EGP 92.2 million during the period between July 2016 and March 2017, compared to …

Financial Results

2 April 2017 03:23 PM Middle Egypt Mills profits rise 166% in 8M

Cairo - Mubasher: Middle Egypt Flour Mills reported a 166.5% growth in net profits during the eight-month period that ended on 28 February 2017, as shown by the company’s financial results. Net profits totalled EGP 71.6 million, between July and …

Financial Results

1 March 2017 10:47 AM Middle Egypt Mills profits surge 168% in 7M

Cairo – Mubasher: Middle Egypt Flour Mills posted a net profit of EGP 64.71 million for the first seven months of fiscal year 2016/2017, 168% up from EGP 24.12 million for the same period of FY15/16. The company had spent EGP 6.26 million of its …

Financial Results

22 February 2017 01:56 PM Middle Egypt Mills profits surge 820% in Q2

Cairo - Mubasher: The financial statements of Middle Egypt Flour Mills showed a jump in profits by in the second quarter of fiscal year 2016-2017 by 820.14% year-on-year. Profits totalled EGP 26.83 million compared to profits of EGP 2.83 million …

Financial Results

8 February 2017 01:21 PM EGX cancels 33 transactions on Middle Egypt Mills

Cairo - Mubasher: The Egyptian Exchange (EGX) cancelled around 33 transactions on the stock of Middle Egypt Flour Mills on Wednesday’s session. EGX attributed its decision to violating the regulations of the capital market law, which forbids …

Trading Activities

1 February 2017 06:10 PM Middle Egypt Flour Mills profits soar 850.5% in Q2

Cairo – Mubasher: Middle Egypt Flour Mills on Wednesday reported a profit surge of 850.5% during the second quarter of the fiscal year 2016-2017, the standalone financial statements showed. Profits reached EGP 26.9 million in the quarter ended 31 …

Financial Results

2 January 2017 02:19 PM Middle Egypt Flour Mills profits surge 123.4% in Nov

Cairo – Mubasher: Middle Egypt Flour Mills reported net profits of EGP 39,000 in November 2016, up by 123.4% y-o-y. The company saw net profits of EGP 17,000 at the same period of the previous year. The company noted that it implemented 10.2% of …

Financial Results

30 November 2016 04:35 PM Middle Egypt Flour Mills profits up 75% in Q1

Cairo – Mubasher: Middle Egypt Flour Mills reported an increase of 75% in net profits for the first quarter of the fiscal year 2016 – 2017. The company posted net profits of EGP 24.48 million for Q1 – FY16/17, up from EGP 13.98 million for the …

Financial Results

20 November 2016 11:10 AM Record date for Middle Egypt Flour Mills dividend 4 December

Cairo – Mubasher: Middle Egypt Flour Mills said Sunday that shareholders of record until 4 December would be entitled to cash dividends at EGP 1.75 per share, according to a bourse filing. The dividend payout will start on 7 December 2016, the …

General Assembly

8 November 2016 11:27 AM Middle Egypt Flour Mills nods for EGP 1.75/shr dividends

Cairo – Mubasher: The ordinary general meeting of Middle Egypt Flour Mills approved distributing cash dividends for the fiscal year 2015/16 at EGP 1.75 per share, a Tuesday’s bourse filing revealed. In total, the company will pay out EGP 25.76 …

General Assembly

17 August 2016 11:11 AM Middle Egypt Flour Mills sees higher annual profits

Cairo – Mubasher: Middle Egypt Flour Mills’ net profit for 2015/16 rose 40% year-on-year to EGP 60.3 million ($6.7 million) from EGP 43.1 million ($4.85 million).   Revenues also increased 25% year-over-year to EGP 2.6 billion from EGP 2.08 …

Financial Results

30 May 2016 00:25 PM Middle Egypt Flour Mills posts higher profits in 10M

Cairo-Mubasher: Middle Egypt Flour Mills posted a 3.4% rise in its profits during the ten months from July to April of the fiscal year 2015/2016, according to a bourse statement. Net profits after profits reached EGP 44.47 million ($4.99 million) …

Financial Results