Cairo – Mubasher: The modified unaudited financial results of Middle and West Delta Flour Mills posted net profits of EGP 180.07 million during fiscal year 2019/2020, a 7% year-on-year (YoY) drop from EGP 194.79 million.

The company’s sales retreated to EGP 1.12 billion in the year ended 30 June from EGP 1.13 billion a year earlier, according to a bourse filing on Sunday.

During the first nine months of FY19/20, the company reported net profits of EGP 113.79 million, slightly down from EGP 116.06 million in the corresponding period a year earlier.