Cairo – Mubasher: North Cairo Flour Mills posted on Sunday a year-on-year growth of 172% in its profits for the first ten months of fiscal year 2016/2017.

Net profit for the first ten months of FY16/17 reached EGP 50.44 million, compared to EGP 18.55 million for the previous year, according to a bourse filing.

The company had earlier said that it plans to achieve a net profit of EGP 28.1 million in FY17/18.