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Delta Mills profits rise 21% in 9M

Delta Mills profits rise 21% in 9M
Photo Credit: Arabianeye-Reuters

Cairo - Mubasher: The financial statements of Middle and West Delta Flour Mills showed an increase in profits by 20.77% during the nine-month period that ended on 31 March 2017, according to a bourse filing.

The company said in a statement to the Egyptian Exchange (EGX) on Monday that profits totalled EGP 80.9 million between July 2016 and March 2017, compared to EGP 67.02 million in the same period last year.

On the other hand, revenues declined to EGP 3.09 billion from EGP 2.7 billion.