ArabFinance: East Delta Flour Mills (EDFM) reported a 5% Year on Year (YoY) increase in its net profit for the second half of 2020, according to the company’s February 3rd statement filed to the Egyptian Exchange.
Net profit stood at EGP 52.44 million during the July-December 2020 period, compared to EGP 49.93 million in the same period a year ago.
East Delta Flour Mills is an Egypt-based company engaged in the manufacture, processing, warehousing, packaging, import, export, and distribution of different types of grains, grain derivatives, and substitutes. The company also produces such products as bread and pasta.