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North Cairo Flour Mills profits up 42% in Q1

North Cairo Flour Mills profits up 42% in Q1
North Cairo Flour Mills profits up 42% in Q1
North Cairo Mills
MILS
-1.91% 59.23 -1.13

Cairo – Mubasher: North Cairo Flour Mills posted an increase of 42% in net profits for the first quarter of the fiscal year 2016 – 2017.

The company’s profits stood at EGP 7.2 million for Q1 – FY16/17, up from EGP 5.1 million a year earlier.

Earlier, the company reported net profits of EGP 20.4 million for FY15/16, down from EGP 32.08 million a year earlier.