Cairo - Mubasher: The board members of South Cairo and Giza Mills and Bakeries Company approved, during their 25 March 2026 meeting, its estimated budget for fiscal year (FY) 2026/2027.
The company intends to generate revenue of EGP 412.63 million in the July 2026-June 2027 period, higher year-on-year (YoY) than EGP 395.85 million, according to a bourse filing.
Moreover, the EGX-listed company targets EGP 40 million in net profits after tax in FY26/27 which will end on 30 June 2027, reflecting an annual increase from EGP 35 million expected in FY25/26.
During the first eight months (8M) of FY25/26, South Cairo and Giza Mills swung to net profits of EGP 50.66 million, versus net losses of EGP 6.15 million in the same period a year earlier.
