Cairo – Mubasher: Middle and West Delta Flour Mills reported an increase of 32.9% in net profits for the first quarter of the fiscal year 2016 – 2017.

The company’s profits stood at EGP 27.2 million for Q1 – FY16/17, up from EGP 20.4 million for the same period a year earlier.

The company posted net profits of EGP 121.7 million for FY 2015/16, with an increase of 49% from EGP 81.7 million for the previous year.