Middle and West Delta Flour Mills’ net profit rise 26.6% YoY in FY 2022/23: Egypt

The EGX-listed company is engaged in the manufacture, processing, import, export, warehousing, and distribution of different types of grains and derivatives

Staff Writer, Arab Finance

August 29, 2023

PHOTO

Middle and West Delta Flour Mills (WCDF) posted a 26.65% year-on-year (YoY) climb in its net profit after tax for fiscal year (FY) 2022/2023, according to the financial statement filed to the Egyptian Exchange (EGX) on August 29th.

Net profit after tax stood at EGP 271.810 million in FY 2022/2023, compared to a profit of EGP 214.623 million in FY 2021/2022.

The company also generated revenues of EGP 1.870 billion in the last FY, growing by 41.89% YoY from EGP 1.318 billion.

The EGX-listed company is engaged in the manufacture, processing, import, export, warehousing, and distribution of different types of grains and derivatives.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

ZAWYA NEWSLETTERS

RELATED ARTICLES

ZAWYA NEWSLETTERS

LATEST VIDEO