Cairo – Mubasher: Middle and West Delta Flour Mills said its estimated budget for the fiscal year 2016/17 reflected surplus of EGP 58.125 million.

Meanwhile, the company targets EGP 17.9 million in investments in FY16/17 to restructure some of the company’s operating units.

The firm also anticipates dividends distribution of EGP 3.75 per share at total amount of EGP 28.125 million for FY16/17.

Earlier, the company’s financial indicators showed that H1-2015/16 profits declined by 1.6% year-on-year.