The downturn was attributed to a steep decline in revenue, a near-collapse in other operating income, high material costs, and a spike in finance costs.
The revised price is higher than what most farmers received during the last harvest.
Maize remains the dominant crop, contributing roughly 41 % of cereal supply on average
The project will double Shams Grain’s overall production capacity to 300 TPD.
Beyond serving domestic demand, the mill is expected to supply export markets.