East Delta Flour Mills logs EGP 48.3M profit in 6 months
Updated 2/1/2022 2:07:58 PM
ArabFinance: East Delta Flour Mills (EDFM) posted a net profit after tax of EGP 48.32 million for the first half (H1) of fiscal year (FY) 2021/2022, according to the company’s unaudited financial indicators filed to the Egyptian Exchange (EGX).
It is worth noting that the company’s net profit after H1 FY 2020/2021 reached EGP 52.44 million.
The company generated a revenue of EGP 223.92 million in the July-December period of 2021, compared to a revenue of EGP 231.12 million in the same period of 2020.
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.
