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) in the ten-month period of FY15/16, compared to EGP 43 million ($4.8 million) in the prior-year period.

Total executed investment projects reached EGP 29.52 million till the end of April 2016, representing 61% of the EGP 48.4 million investments approved in the current fiscal year.