North Cairo Flour Mills reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was EGP 415.21 million compared to EGP 170.04 million a year ago. Net income was EGP 7.48 million compared to EGP 13.21 million a year ago. Basic earnings per share from continuing operations was EGP 0.7.
For the nine months, sales was EGP 868.83 million compared to EGP 434.92 million a year ago. Net income was EGP 32.16 million compared to EGP 4.35 million a year ago. Basic earnings per share from continuing operations was EGP 1.51.