Cairo – Mubasher: North Cairo Flour Mills reported an increase of 62% in net profits for the five – month period ended 31 November 2016.

The company posted net profits of EGP 15.06 million during this five - month period compared with EGP 9.82 million at the same period of the previous year.

On other hand, the company stated that its board of directors approved selling number of unused land plots in order to provide financial resources to complete the company’s current projects.