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 its investment plan set for 2016, which is equivalent to EGP 4.1 million.

Middle Egypt Flour Mills posted net profits of EGP 24.48 million for the first quarter of FY 2016 – 2017, up by 3.53% y-o-y.