Cairo – Mubasher: The General Company for Silos and Storage reported net profits of EGP 103.79  million in fiscal year (FY) 2020/2021, slightly down from EGP 104.5 million a year earlier, the unaudited financial results showed. 

The revenues fell to EGP 424.9 million the year ended 30 June, compared to EGP 441.36 million in FY19/20, the company said in a bourse disclosure on Tuesday. 

During the first nine months of FY20/21, the company achieved net profits of EGP 78.25 million, slightly up from EGP 78.24 million in the prior-year period.

The revenues declined to EGP 320.84 million in the nine-month period ended 31 March, compared to EGP 323.3 million in the corresponding period a year earlier.