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 company’s revenues increased to EGP 323.3 million in the nine-month period ended on 31 March, compared to EGP 294.1 million in the year-ago period, according to a bourse disclosure on Tuesday.

It is noteworthy to mention that in the first half of FY19/20, the company achieved net profits of EGP EGP 49.21 million, slightly up from EGP 49.2 million in the corresponding period a year earlier.