ArabFinance: Middle Egypt Flour Mills Company (CEFM) targeted a net profit of EGP 60.300 million for the fiscal year (FY) 2021/2022, according to the company’s March 11th statement to the Egyptian Exchange.
It’s worth mentioning that Middle Egypt Flour Mills has targeted revenues of EGP 98.606 million ending June 2022.
The company achieved a net profit of EGP 47.501 million in July-December 2020.
The listed firm, a member of the Holding Company for Food Industries, is engaged in the manufacture, trade, import, export, packaging, warehousing, and distribution of grains and related products.
