Cairo - Mubasher: The financial indicators of North Cairo Flour Mills showed a rise in profits by 163% year-on-year in fiscal year 2016/2017, according to a bourse filing.

The company said in a statement to the Egyptian Exchange (EGX) on Tuesday that profits amounted to EGP 66.7 million compared to EGP 25.4 million for the year before.

Sales volumes increased to EGP 1.6 billion between July 2016 and June 2017 compared to EGP 1.4 billion for the previous year.