Cairo – Mubasher: East Delta Flour Mills’ (EDFM) earnings surged by 105% in August, according to the company’s statement to the Egyptian Stock Exchange (EGX) on Thursday.
EDFM posted EGP 12.093 million in net profit last month compared to EGP 5.9 million in the same month last year.
The company’s net profit stood at EGP 18.02 million in the fourth quarter during the last fiscal year ended June.
EDFM’s stock advanced 1.61% on Thursday session to close at EGP 51.82.
