Arab Finance: Upper Egypt Mills Company generated EGP 86.06 million in standalone net profit after tax during the first half (H1) of fiscal year (FY) 2024/2025, marking a 5.32% year-on-year (YoY) rise from EGP 81.71 million, according to the income results.
Operating revenues amounted to EGP 611.13 million at the end of December 2024, an annual jump from EGP 558.12 million.
In FY2023/24, Upper Egypt Mills posted 20.4% YoY higher standalone net profits after tax at EGP 186.077 million, versus EGP 154.548 million.
The EGX-listed firm is primarily involved in the manufacturing, processing, import, export, warehousing, and distribution of different types of grains and grain derivatives.