Upper Egypt Flour Mills posted unaudited standalone financial results for the fiscal year that ended on June 30, 2014, showing that net profit rose 39.3% to EGP 65.7 million from EGP 47.2 million net profit a year earlier.
The company’s financial statements for the first nine months of FY13/14 had reflected EGP 73.228 million net profit , marking a surge by a round 95.49% from EGP 37.458 million in the same period a year earlier.
The company posted EGP 56.68 million in H1-FY13/14, compared with EGP 30.71 million net profit reported in the same period a year earlier.