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Middle Egypt Mills profits rise 166% in 8M

Middle Egypt Mills profits rise 166% in 8M
Photo Credit: Arabianeye-Reuters

Cairo - Mubasher: Middle Egypt Flour Mills reported a 166.5% growth in net profits during the eight-month period that ended on 28 February 2017, as shown by the company’s financial results.

Net profits totalled EGP 71.6 million, between July and February, compared to EGP 26.88 million in the same period last year, the company said in a statement to the Egyptian Exchange (EGX) on Sunday.