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Middle and West Delta Mills posts EGP 191m profit in FY20/21

Middle and West Delta Mills posts EGP 191m profit in FY20/21
The sales increased to EGP 1.13 billion in the year ended 30 June

Cairo – Mubasher: Middle and West Delta Flour Mills reported net profits of EGP 191.018 million in fiscal year (FY) 2020/2021, up by 5.6% year-on-year (YoY) from EGP 180.72 million, the modified unaudited financial results showed. 

The sales increased to EGP 1.13 billion in the year ended 30 June from EGP 1.12 billion a year earlier, the company said in a bourse disclosure on Tuesday. 

During the first nine months of FY20/21, Middle and West Delta Flour Mills logged EGP 113.56 million in net profits, slightly down from EGP 113.79 million in the year-ago period.