ArabFinance: Alexandria Flour Mills reported a 22.9% Year on Year rise in its net profit in the first half (H1) of the fiscal year (FY) 2020/2021, according to the companys January 24thunaudited financial statements filed to the Egyptian Exchange.

Net profit stood at EGP 5.569 million in July-December 2020, compared to EGP 4.532 million achieved in the prior-year period.

The company distributed on November 30th cash dividends of EGP 0.18 per share.

The Egypt-based company is engaged in the manufacture, trade, import and export, storage, fumigation and maintenance, packaging, processing, and distribution of grain and its substitutes.

Copyright 2021 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an as is and as available basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.