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Alexandria Flour Mills posts lower annual profits

Alexandria Flour Mills posts lower annual profits
The company earned EGP 36.6 million in 2015/16 - Photo Credit: Reuters
Alexandria Flour Mills
AFMC
-7.78% 25.00 -2.11

Cairo – Mubasher: Alexandria Flour Mills reported a 3.7% decline in its profits for the fiscal year ended 30 June 2016, according to a bourse filing on Monday.

The company earned EGP 36.6 million in 2015/16, compared with EGP 38.08 million a year earlier.  

In the first nine months, the company registered EGP 30.96 million ($3.47 million).