The board of General Silos & Storage Co. endorsed financial indicators for the month July, 2014, which mirrored EGP 2.6 million net loss, deepening 25% compared with EGP 2.1 million in July, 2013.
The company’s financial indicators for the fiscal year that ended on June 30, 2014 had shown EGP 17.8 million net profit, against EGP 7.9 million net loss a year earlier.
FY13/14 total sales amounted to EGP 400.6 million, compared with EGP 291.1 million in FY12/13.