East Delta Mills eyes EGP 34m profits in FY17/18

Cairo – Mubasher: East Delta Flour Mills’ board of directors has approved the estimated budget for fiscal year 2017-2018, with a target net profit of EGP 33.75 million.

The company set the investment budget at EGP 45 million, a bourse filing said on Sunday.

The board also agreed to change the investment budget for the current fiscal year from EGP 13.5 million to EGP 4.8 million.

Mubasher Contribution Time: 04-Jun-2017 09:53 (GMT)
Mubasher Last Update Time: 04-Jun-2017 09:53 (GMT)