Cairo – Mubasher: Upper Egypt Mills Company achieved consolidated net profits of EGP 147.11 million in fiscal year (FY) 2020/2021, up by 2.4% from EGP 143.67 million in FY19/20.
The total operating revenues declined to EGP 1.17 billion in the year ended 30 June, compared to EGP 1.18 billion a year earlier, the company said in a bourse disclosure on Tuesday.
Earlier, the company reported its standalone net profits at EGP 136.574 million in FY20/21, compared to EGP 133.33 million in the previous year.
In the first nine months of FY20/21, the company posted consolidated net profits of EGP 85 million, compared to EGP 96.03 million in the prior-year period, including minority shareholders' rights.
