Cairo – Mubasher: The audited financial statements of Middle and West Delta Flour Mills showed a 33% year-on-year profit decline during the fiscal year 2018/2019.
The company’s profit declined to EGP 194.79 million in FY18/19, compared to EGP 290.77 million in the year-ago period.
Sales went down to EGP 1.14 billion in the last year, from EGP 1.45 billion the year before.
Delta Mills’ unaudited profit amounted to EGP 176.13 million in the 12-month period ended 30 June, compared to EGP 290.77 million in FY17/18.
