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West Delta Flour Mills FY13/14 profit rises 35%

West Delta Flour Mills FY13/14 profit rises 35%
The board of Middle and West Delta Flour Mills ratified financial results for the fiscal year FY13/14, showing that net profit increased 35% to EGP 64.1 million, from EGP 47.6 million a year earlier.
The company’s operating revenue amounted to EGP 3.7 billion, compared with EGP 1.9 billion in FY12/13.
The company had posted EGP 46.751 million net profit during the period July-December, 2013, compared with EGP 8.002 million net profit in the same period a year earlier.