East Delta Flour Mills (EDFM)

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News

26 April 2022 01:41 PM East Delta Flour Mills eyes EGP 68m profits in FY22/23

Cairo – Mubasher: East Delta Flour Mills plans to generate EGP 68.20 million in net profit after tax during fiscal year (FY) 2022/2023, compared to its target of EGP 52.93 million for FY21/22. The company is also targeting total investments worth …

Financial Results

2 September 2021 00:34 PM East Delta Flour Mills sees 5% higher profits in audited financials

Cairo - Mubasher: The audited financials of East Delta Flour Mills reported a 4.9% rise in net profits to EGP 127.19 million in fiscal year (FY) 2020/2021, compared to EGP 121.26 million in the earlier year. The company's revenues increased to …

Financial Results

1 August 2021 00:09 PM East Delta Flour Mills logs EGP 130m profit in FY20/21

Cairo - Mubasher: East Delta Flour Mills recorded net profits of EGP 129.73 million in fiscal year (FY) 2020/2021, up by 7% year-on-year (YoY) from EGP 121.26 million, the unaudited financial results showed.  The revenues declined to EGP 500.89 …

Financial Results

26 July 2020 10:25 AM East Delta Mills reports 18% profit drop in FY19/20 initial results

Cairo – Mubasher: The unaudited financial results of East Delta Flour Mills showed an 18.4% year-on-year (YoY) decrease in its net profits to EGP 120.49 million in fiscal year 2019/2020, compared to EGP 147.6 million. The company’s revenues …

Financial Results

17 May 2020 10:46 AM East Delta Mills’ profit slips 22% in 9M

Cairo – Mubasher: East Delta Flour Mills reported a 22% year-on-year (YoY) drop in its net profits during the first nine months of fiscal year 2019/2020. The company’s net profits fell to EGP 76.11 million during the nine-month period ended on 31 …

Financial Results

2 February 2020 01:50 PM East Delta Mills’ profit down 24% in H1-19/20 unaudited financials

Cairo – Mubasher: The unaudited financial results of East Delta Flour Mills showed a 24.2% year-on-year profit decrease during the first half of fiscal year 2019/2020. Net profits dropped to EGP 49.94 million during the six-month period ended 31 …

Financial Results

17 November 2019 01:52 PM East Delta Flour Mills approves EGP 14/shr dividends

Cairo – Mubasher: Ordinary general assembly meeting (OGM) of East Delta Flour Mills (EDFM) Company has approved cash dividends for fiscal year (FY) ended 30 June 2019. The company’s shareholders approved EGP 84 million in cash dividends, at EGP 14 …

General Assembly

25 August 2019 04:21 PM East Delta Mills' profit grows 11% in FY18/19

Cairo – Mubasher: East Delta Flour Mills recorded an 11.1% year-on-year profit hike during fiscal year 2018/2019. Net profits increased to EGP 147.64 million in the twelve-month period ended 30 June, compared to EGP 132.87 million in the year-ago …

Financial Results

21 July 2019 00:31 PM East Delta Mills' unaudited financials post 9% profit rise in FY18/19

Cairo – Mubasher: East Delta Flour Mills reported a 9.1% year-on-year profit increase during fiscal year 2018/2019, according to the company's unaudited financial results.  Net profits grew to EGP 144.97 million in the 12-month period ended 30 …

Financial Results

31 May 2019 00:09 AM East Delta Mills names new chairman

Cairo – Mubasher: East Delta Flour Mills (EDFM) has announced the appointment of a new chairman. The new chairman, Magdy Al Shater, will succeed Mohamed Abdul Hamid El Feqi, according to a bourse statement released on Thursday. East Delta Mills’ …

Management Decisions

4 June 2017 11:53 AM East Delta Mills eyes EGP 34m profits in FY17/18

Cairo – Mubasher: East Delta Flour Mills’ board of directors has approved the estimated budget for fiscal year 2017-2018, with a target net profit of EGP 33.75 million. The company set the investment budget at EGP 45 million, a bourse filing said …

General Assembly

12 February 2017 10:34 AM Delta Flour Mills EGM to discuss adding new business activity

Cairo – Mubasher: East Delta Flour Mills said Sunday that its extraordinary general meeting (EGM) will be held on 28 February to discuss adding the real estate investment to its business activity, according to a bourse filing.

General Assembly

30 January 2017 11:43 AM East Delta Flour Mills sees higher Q2 earnings

Cairo – Mubasher: East Delta Flour Mills reported that its earnings jumped 121% year-on-year during the second quarter of 2016/17 to EGP 23.2 million from EGP 10.5 million, a bourse statement revealed on Monday. Over the first six months, earnings …

Financial Results

6 November 2016 01:33 PM East Delta Flour Mills nods for EGP6.75/shr dividends

Cairo – Mubasher: East Delta Flour Mills said Sunday that the ordinary general meeting approved distributing cash dividends at EGP 6.75 per share for the fiscal year ended on 30 June 2016. The ordinary meeting also approved the financial …

General Assembly

30 October 2016 02:43 PM East Delta Flour Mills up 89.6% in Q1

Cairo – Mubasher: East Delta Flour Mills reported unaudited net profits of EGP 26.2 million for the first quarter of the fiscal year 2016 – 2017, up by 89.6% y- o- y. The company posted net profits of EGP 13.8 million for the same period of the …

Financial Results

10 October 2016 11:10 AM East Delta Flour Mills to pay EGP 6.75/shr dividends

Cairo – Mubasher: The board of East Delta Flour Mills recommended distributing cash dividends for 2015/16 at EGP 6.75 per share, according to a bourse statement on Monday. The total proposed dividends stand at EGP 40.5 million, which represents …

Cash Dividends

29 September 2016 04:37 PM East Delta Flour Mills posts EGP 12m profits in August

Cairo – Mubasher: East Delta Flour Mills’ (EDFM) earnings surged by 105% in August, according to the company’s statement to the Egyptian Stock Exchange (EGX) on Thursday. EDFM posted EGP 12.093 million in net profit last month compared to EGP 5.9 …

Financial Results

2 August 2016 10:24 AM East Delta Flour Mills posts EGP 18.02m profits in Q4

Cairo – Mubasher: East Delta Flour Mills said its profits for the fourth quarter of FY15/16 surged 468%. The company’s unaudited financial results for Q4-FY15/16 reflected net profits of EGP 18.02 million ($2.02 million), compared with EGP 3.17 …

Financial Results

27 April 2016 03:30 PM East Delta Flour Mills gains EGP 42m in 9M

Cairo – Mubasher: East Delta Flour Mills registered higher profits in the first nine months of 2015/16, according to its financial results. Its nine-month net profit grew by 5% year-over-year to EGP41.7 million from EGP39.6 million, the company …

Financial Results

24 January 2016 00:42 PM East Delta Mills reports 12% rise in H1-15/16 profit

Cairo – Mubasher: East Delta Flour Mills Company reported on Sunday net profit of EGP 24.1 million in the first half of fiscal year 2015/16, with an increase of 11.8% compared to EGP 21.6 million in the same period of the previous year. Gross …

Financial Results

18 November 2015 11:25 PM East Delta Flour Mills OKs dividend payout of EGP 5.25/shr

Cairo - Mubasher: The ordinary general meeting of East Delta Flour Mills gave go-ahead to distribute dividends of EGP 5.25 per share, at total value of EGP 31.5 million. The company's net profits stood at EGP 13.6 million in the first quarter of …

Corporate Actions

18 October 2015 04:18 PM East Delta Flour Mills mulls dividend payout of EGP 5.25/shr

Cairo-Mubasher: The board of directors of  East Delta Flour Mills  Co.proposed dividend payout of EGP 5.25 per share at total amount of EGP 31.5 million for the fiscal year 2014/15. The company said it reported net profits of EGP 42.8 million for …

Cash Dividends

3 May 2015 03:37 PM Egypt’s cigarette maker spends EGP 31m on labs upgrade

Egypt’s cigarette producer Eastern Co. (Eastern Tobacco) said it has finished upgrading the central labs at its industrial complex in Six of October City.The cost of the upgrade process reached nearly EGP 31 million, Eastern Tobacco said in a …

Company News

30 December 2014 10:16 AM Major events on EGX for Tuesday

Investors are anticipating today the following major events about some companies listed on the Egyptian bourse:- Record date for secondary offering of Misr Chemical Industries to increase issued and paid-in capital from EGP 200 …

Company News

29 October 2014 02:00 PM East Delta Flour Mills Q1 profit drops 17% to EGP13.6m

The board of East Delta Flour Mills approved on Tuesday financial indicators for the three-month period that ended on September 30, 2014, indicating net profit of EGP 13.6 million, with a drop by 17% from EGP 16.3 million in the same …

Financial Results