ArabFinance: North Cairo Mills Company (NCMC) incurred a net loss of EGP 12.556 million in the eight months ending February 2021, according to the company’s statement filed to the Egyptian Exchange.

In July- February 2020, the company posted a net profit of EGP 4.618 million. 

The company distributed annual cash dividends of EGP 0.50 per share on December 20^th.

North Cairo Flour Mills, a subsidiary of the Holding Company for Food Industries, is an Egypt-based public shareholding company engaged in the food processing industry sector.

The company is primarily involved in the processing, packaging, storing, trading, and distribution of different types of grains, grain derivatives, and substitutes.