Middle & West Delta Flour Mills Co. Hits Surplus of EGP 1.478 Mln In April

The Board of Directors of the Middle & West Delta Flour Mills Co. (WCDF.CA) has ratified the company’s business results of April 2012 with surplus before taxes reached EGP 1.487 million, compared to EGP 2.015 hit in March, and to EGP 5.115 hit in April 2011.

The company has posted net profits of EGP 12.981 million during the first three quarters of the fiscal year of 2011/2012, down 70%. Noting that it had posted net profits of EGP 43.639 million for the same comparable period of 2010/2011.

Middle & West Delta Flour Mills Co.’s issued capital valued at EGP 75 million distributed to 7.5 million securities in which the par value amounts to 10 Egyptian pounds a share.