Arab Finance: Middle and West Delta Flour Mills’s (WCDF) board has greenlighted the company’s estimated budget for fiscal year (FY) 2023/2024, with a targeted sum of EGP 110.830 million in profits after tax, as per a filing on April 12th.
The firm posted earlier a 15.35% year-on-year (YoY) surge in net profit after tax for the first half of fiscal year (FY) 2022/2023.
The EGX-listed company is engaged in the manufacture, processing, import, export, warehousing, and distribution of different types of grains and derivatives.