Mubasher TV
Contact Us Advertising   العربية

Middle Egypt Mills profits surge 168% in 7M

Middle Egypt Mills profits surge 168% in 7M
(Photo credit: Arabianeye - Reuters)

Cairo – Mubasher: Middle Egypt Flour Mills posted a net profit of EGP 64.71 million for the first seven months of fiscal year 2016/2017, 168% up from EGP 24.12 million for the same period of FY15/16.

The company had spent EGP 6.26 million of its EGP 40 million investment budget adopted for FY16/17, according to a bourse filing.