Cairo – Mubasher: Alexandria Flour Mill Company (AFMC) reported a 35% year-on-year drop in its profits during the first nine months of fiscal year 2018/2019, according to a filing to the Egyptian Exchange (EGX) on Wednesday.

Net profits reached EGP 23.84 million during the nine-month period ended in March, compared to EGP 36.96 million in the same period a year earlier.