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Alexandria Flour Mills Reports 11.4% Year-Over-Year Profit Decline in Latest Nine-Month Report

Source link : https://afric.info/africa/egypt/alexandria-flour-mills-reports-11-4-year-over-year-profit-decline-in-latest-nine-month-report/

In a significant development for Egypt’s agricultural landscape, Alexandria Flour Mills has disclosed an 11.4% decrease in profits over the last nine months compared to the same timeframe in the previous year.This decline raises alarms among investors and industry stakeholders, reflecting broader issues within the milling and food production sectors due to shifting economic conditions and escalating operational expenses. The company’s financial results underscore how regional economic…

Source link : https://afric.news/2025/04/29/alexandria-flour-mills-sees-profits-plummet-11-4-year-over-year-in-nine-month-report/

Author : Charlotte Adams

Publish date : 2025-04-29 02:42:00

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Author : afric info

Publish date : 2025-04-29 08:07:00

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