General Silos & Storage (GSSC)

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News

26 November 05:34 PM General Company for Silos generates nearly EGP 62m net profits in Q1-25/26 audited financials

Cairo - Mubasher: The General Company for Silos and Storage delivered net profits after tax worth EGP 61.66 million during the first quarter (Q1) of fiscal year (FY) 2025/2026, up 0.82% from EGP 61.19 million in Q1-24/25. The earnings per share …

Financial Results

27 November 2022 00:48 PM General Company for Silos to set up new firm with EGP 500m capital

Cairo – Mubasher: The General Company for Silos and Storage is about to sign an agreement to establish a company operating in the field of construction and management of silos and storage under than name of Egypt Land for Silos and Storage. The …

Corporate Actions

2 October 2022 00:03 PM General Company for Silos’ EGM nods to EGP 25m capital hike

Cairo – Mubasher: The extraordinary general meeting (EGM) of the General Company for Silos and Storage approved raising the company’s capital by EGP 25 million via bonus shares. The company’s issued and paid-up capital will be increased to EGP 125 …

Management Decisions

4 September 2022 03:04 PM FRA approves General Company for Silos' capital raise request

Cairo – Mubasher: The Financial Regulatory Authority (FRA) has approved publishing the disclosure form submitted by the General Company for Silos and Storage regarding a capital hike request. The company will raise its issued and paid-up capital …

Corporate Actions

19 December 2021 01:28 PM General Company for Silos' OGM approves EGP 7.5m dividend distribution

Cairo – Mubasher: The ordinary general meeting (OGM) of General Company for Silos and Storage has approved a cash dividend distribution of EGP 7.5 million or 75 piasters per share for fiscal year 2020/2021. The shareholders have also authorised …

General Assembly

20 October 2021 01:45 PM General Company for Silos inks deal to build EGP 520m silo

Cairo – Mubasher: General Company for Silos and Storage has signed a contract with Rowad Modern Engineering to build a silo at West Port Said Port. The silo will be established with a capacity of 100,000 tonnes at a cost of EGP 520 million, the …

Company News

3 October 2021 00:24 PM General Company for Silos appoints new board of directors

Cairo – Mubasher: General Company for Silos and Storage has appointed a new board of directors under a decision from the company's ordinary general meeting (OGM).  Sherif Adel has been appointed as the company's Chairman and Kamal Abdel Hamid …

Board of Directors

31 August 2021 05:50 PM General Company for Silos reports slightly lower profit in FY20/21

Cairo – Mubasher: The General Company for Silos and Storage reported net profits of EGP 103.79  million in fiscal year (FY) 2020/2021, slightly down from EGP 104.5 million a year earlier, the unaudited financial results showed.  The revenues fell …

Financial Results

27 May 2021 05:47 PM General Company for Silos reports lower profit in 10 months

Cairo – Mubasher: The General Company for Silos and Storage reported a 4% year-on-year (YoY) decline in its net profits to EGP 85.89 million in the first 10 months of fiscal year (FY) 2020/2021, compared to EGP 89.55 million, according to a bourse …

Financial Results

28 October 2020 00:28 PM General Company for Silos reports 15% higher profits in Q1-20/21

Cairo – Mubasher: The financial indicators of the General Company for Silos and Storage showed net profits of EGP 7.74 million in the first quarter (Q1) of fiscal year 2020/2021, up by 15% year-on-year (YoY) from EGP 6.72 million. Revenues …

Financial Results

9 June 2020 02:05 PM General Company for Silos posts 15% profit growth in 9M

Cairo – Mubasher: The unaudited financial results of the General Company for Silos and Storage reported net profits of EGP 100.19 million in the first nine months of fiscal year 2019/2020, up by 14.8% year-on-year (YoY) from EGP 87.21 million. The …

Financial Results

30 March 2020 04:49 PM General Company for Silos eyes EGP 85m profit in FY20/21

Cairo – Mubasher: The board of directors of the General Company for Silos and Storage approved the estimated budget for fiscal year 2020/2021. The company aims to achieve net profits after taxes of EGP 84.78 million in the coming fiscal year, …

Financial Results

30 January 2020 00:53 PM General Company for Silos’ indicators show EGP 49m profit in H1-19/20

Cairo – Mubasher: The unaudited financial results of the General Company for Silos and Storage showed a slight increase in its net profits during the first half of fiscal year 2019/2020. Net profits inched up to EGP 49.21 million in the …

Financial Results

22 October 2019 07:53 PM Egyptian Commodities Exchange’ new managing firm to benefit 5 companies

Cairo – Mubasher: A group of companies are expected to benefit from the Egyptian government decision to establish a new company to manage the Egyptian Commodities Exchange, MubasherTrade Research said. The mentioned companies include Alexandria …

Stock Evaluations

7 October 2019 03:56 PM General Company for Silos posts EGP 100m profit in FY18/19; dividends proposed

Cairo – Mubasher: The General Company for Silos and Storage reported a net profit of EGP 100.02 million in fiscal year 2018/2019, compared to EGP 91.84 a year earlier. Meanwhile, revenues grew to EGP 413.56 million from EGP 388.54 million in FY …

Financial Results

1 August 2019 04:17 PM General Company for Silos FY18/19 profits grow 9%

Cairo- Mubasher: The General Company for Silos and Storage’s board of directors announced an 8.97% year-on-year increase in net profit during fiscal year 2018/19. The company’s net profits hiked to EGP 100.1 million in FY 18/19 from EGP 91.84 …

Financial Results

27 June 2019 00:29 PM General Company for Silos logs EGP 94m profit in 11M

Cairo – Mubasher: General Company for Silos and Storage reported a 6.78% year-on-year increase in its net profits during the first 11 months of fiscal year 2018/2019, the company’s board of directors said. Net profits stood at EGP 93.798 million …

Financial Results

21 May 2019 00:02 PM General Company for Silos posts EGP 85m profit in 10M

Cairo – Mubasher: General Company for Silos and Storage reported a 4.4% year-on-year net profit growth during the first ten months of fiscal year 2018/2019, the company’s board of directors announced. Net profits amounted to EGP 85.24 million from …

Financial Results

2 May 2019 04:05 PM General Company for Silos logs EGP 75m profit in 9M

Cairo – Mubasher: General Company for Silos and Storage has reported a net profit of EGP 75.1 million for the nine-month period ended last March, up 3.98% year-on-year from EGP 72.18 million. Revenues stood at EGP 294.12 million in the July-March …

Financial Results

1 August 2017 01:11 PM General Company for Silos profits rise 20% in FY16/17

Cairo – Mubasher: General Company for Silos and Storage on Tuesday posted a 20.4% year-on-year surge in profits for fiscal year 2016/2017, according to a bourse filing. The firm achieved a net profit of EGP 70.16 million in the fiscal year ended …

Financial Results

4 July 2017 10:45 AM General Company for Silos profits down 30% in 11M

Cairo – Mubasher: General Company for Silos and Storage’s (GSSC) profits for the first eleven months of fiscal year 2016/2017 declined 30% year-on-year. Net profit for the eleven-month period ended 31 May 2017 amounted to EGP 71.34 million, versus …

Financial Results

25 May 2017 11:00 AM General Company for Silos profits up 39% in 10M

Cairo – Mubasher: General Company for Silos and Storage’s profits for the first ten months of fiscal year 2016/2017 rose by 39% year-on-year. Net profit amounted to EGP 55.97 million in the first ten months of FY16/17, versus EGP 40.27 million for …

Financial Results

14 May 2017 02:49 PM General Company for Silos OGM approves FY17/18 budget

Cairo – Mubasher: General Company for Silos and Storage said Sunday that its ordinary general meeting (OGM) has adopted the estimated budget for fiscal year 2017/2018. The company targets to achieve a net profit of EGP 58.39 million in FY17/18, …

General Assembly

27 April 2017 00:16 PM General Company for Silos profits rise 23% in 9M

Cairo – Mubasher: General Company for Silos and Storage reported on Thursday a year-on-year increase of 22.8% in its profits for the first nine months of fiscal year 2016-2017. Profits for the first nine months of FY16/17 amounted to EGP 44.46 …

Financial Results

26 April 2017 11:46 AM General Company for Silos delays OGM to 13 May

Cairo – Mubasher: General Company for Silos and Storage said Wednesday that its ordinary general meeting (OGM) will be held on 13 May instead of 29 April. The OGM will discuss and adopt the estimated budget for fiscal year 2017/2018, according to …

General Assembly