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East Delta Flour Mills sees 5% higher profits in audited financials

East Delta Flour Mills sees 5% higher profits in audited financials
The company's revenues increased to EGP 509.95 million
East Delta Flour Mills
EDFM
-1.99% 171.50 -3.48

Cairo - Mubasher: The audited financials of East Delta Flour Mills reported a 4.9% rise in net profits to EGP 127.19 million in fiscal year (FY) 2020/2021, compared to EGP 121.26 million in the earlier year.

The company's revenues increased to EGP 509.95 million in FY20/21 from EGP 509.6 million in the previous year, according to a bourse filing on Thursday.

It is noteworthy to mention that during the first nine months of FY20/21, the company achieved net profits of EGP 78.22 million, up from EGP 76.11 million in the prior-year period.