South Cairo and Giza Mills turns profitable in 8M-25/26
· Egyptian market news · SCFM
South Cairo and Giza Mills and Bakeries Company shifted to net profits worth EGP 50.66 million during the first eight months (8M) of fiscal year (FY) 2025/2026.
These results were against net losses of EGP 6.15 million in the eight-month period from 1 July 2024 to 28 February 2025, according to a bourse filing.
In February 2026 alone, South Cairo and Giza Mills achieved year-on-year (YoY) higher net profits at EGP 5.49 million, compared with EGP 1.68 million.
It is worth noting that in January 2026, the listed company sold its Bahbah plant, including the land plot and buildings, for EGP 11,000 per square meter (sqm) through an auction.
Original source: english.mubasher.info