Cairo – Mubasher: North Cairo Flour Mills reported an increase of 25.45% in net profits for the fourth quarter of FY15/16.

The company saw net profits of EGP 8.89 million ($998,900) for Q4-FY15/16, down from EGP 7.09 million for the same period a year earlier.

As for the full year FY15/16, the company registered net profits of EGP 39.85 million ($4.48 million), down by 4.63% from EGP 38.09 million for the previous year.

The company’s sales revenues declined 13.23% to EGP 1.12 billion in FY15/16, down from EGP 1.29 billion in the preceding year.