The project will raise the site’s total flour capacity to 1,350 tons per day with an additional 750 tons/day from the new mill, while the feed plant will contribute 240 tons/day.
Although the product has been officially launched now, it has been available in select stores across South Africa for the past two months.
The company’s revenue also climbed 24% year-on-year to N442.1 billion (US$363.6 million), buoyed by strong performances in flour, rice, and pasta segments.
The company will pay a dividend of EGP 0.85 (US$0.017) per share to eligible shareholders.
Since their introduction in 1995, Uncrustables have become a key part of J.M. Smucker’s Consumer Foods business.