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North Cairo Flour Mills profits surge 40.6% in 4m

North Cairo Flour Mills profits surge 40.6% in 4m
Photo Credit: Arabianeye - Reuters
North Cairo Mills
MILS
-5.96% 39.24 -2.34

Cairo - Mubasher: North Cairo Flour Mills Co. reported net profits of EGP 7.8 million for the four-month period ended October 2015, up 40.6% y-o-y.

The firm saw net profits of EGP 5.6 million for the same period of the previous year.

The company reported profits of EGP 5.1 million for the first quarter of 2015, up from EGP 4 million a year earlier.

The firm's earnings declined 36.7% in 2014, as it reached EGP 31.4 million compared with EGP 49.66 million in the previous year.