North Cairo Flour Mills’ Surplus Hits EGP 23.354 Mln In 6 Months

North Cairo Flour Mills and Bakeries (MILS.CA)’s board has approved the company’s FY/2012 financial results which recorded a surplus of EGP 23.354 million, compared to EGP 19.506 million during the same period a year earlier.

North Cairo Flour Mills’ financial results estimates revealed a net profit, after tax, of nearly EGP 18.015 million, compared to a net profit of EGP 15.605 million posted during the same period a year earlier.

The working capital fell to EGP 46 million, compared to EGP 72 million; while the revenues reached EGP 269.919, compared to EGP 232.255 million.