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General Silos FY14/15 profit rises to EGP33m

General Silos FY14/15 profit rises to EGP33m
Photo Credit: Arabianeye - Reuters

Cairo – Mubasher: General Silos & Storage Co. posted financial indicators for the fiscal year 2014/2015, which showed a rise by 83.25% in net profit to EGP 32.8 million ($4.2 million), compared with EGP 17.9 million (EGP 2.3 million) a year earlier.

FY14/15 revenues amounted to EGP 432 million, up from EGP 399.6 million in FY13/14.

The company earlier posted EGP 46.6 million in net profit for the 11-month period ended on 31 May, compared with EGP 21.23 million in the same period a year ago.