Cairo – Mubasher: North Cairo Flour Mills said Sunday that it seeks a profit increase of 25.4% in the estimated budget for fiscal year 2017/2018 to EGP 28.1 million, versus an expected profit of EGP 22.4 million for FY16/17.

The company plans to increase sales in FY17/18 to EGP 2.1 billion from estimated sales worth EGP 1.8 billion in FY16/17, according to a bourse filing.

The investment budget was estimated at EGP 14 million for FY17/18.