ArabFinance:  General Company for Silos and Storage’s (GCSS) (GSSC) profit grows 1.95% Year on Year during the first eight months of the fiscal year (FY) 2020/2021, the company said in a statement to the Egyptian Exchange.

Net profit stood at EGP 67.23 million during the July-February period of FY 2020/2021, compared to EGP 65.95 million in the same period the year before.

In the July-January period, the company’s net profit rose to EGP 60.79 million.

GCSS is an Egypt-based company engaged in the food processing industry sector.

The company is primarily involved in the manufacture, trade, import, export, storage, package, and distribution of different types of grain and its derivatives, foodstuff, and yeast, as well as animal feed and its components.