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North Cairo Flour Mills shareholders review FY14/15 budget estimate today

North Cairo Flour Mills shareholders review FY14/15 budget estimate today
North Cairo Mills
MILS
-12.23% 37.21 -4.55
North Cairo Flour Mills and Bakeries will hold an ordinary general meeting today, April 14, 3:00 p.m. at head office of Food Industries Holding Co. (FIHC). Shareholders will look into ratifying the estimated budget for FY14/15.

The estimated budget shows targeting EGP 42.8 million profit before tax and EGP 32.35 million profit after tax.

The company’s financial results for the seven-month period from July 1, 2013 till January 31, 2014 had shown EGP 36.528 million profit, compared with EGP 27.249 million profit in the same period a year earlier.