Mubasher TV
Contact Us Advertising   العربية

Middle and West Delta Mills logs EGP 113.5m profit in nine months

Middle and West Delta Mills logs EGP 113.5m profit in nine months
Revenues rose to EGP 817.2 million in the July-March period of FY20/21

Cairo – Mubasher: Middle and West Delta Flour Mills achieved net profits of EGP 113.56 million in the first nine months of fiscal year (FY) 2020/2021, slightly down from EGP 113.79 million in the year-ago period, the unaudited financial results showed.

The revenues increased to EGP 817.2 million from July 2020 until the end of last March, compared to EGP 810.2 million in the corresponding period a year earlier, the company said in a bourse disclosure on Thursday.

During the first half (H1) of FY20/21, the company logged EGP 68.66 million in net profits, down from EGP 75.12 million in H1 of FY19/20.

The sales rose to EGP 543.11 million in the July-December period of 2020, compared to EGP 513.46 million in the prior-year period.