Cairo – Mubasher: Upper Egypt Flour Mills’ stock rose on Wednesday to its highest level since about nine years (September 2008) after announcing the financial statements for the first nine months of fiscal year 2016/2017.
By 12:38 am Cairo time, the stock advanced 10% to EGP 110, with a turnover of EGP 309,700.
The company’s profits for the first nine months of FY16/17 reached EGP 151.8 million, compared to EGP 94.8 million for the same period last year.
