East Delta Flour Mills sees 33% jump in 9-month net profit, sales reach nearly US$19M
Sales for the period ending March 31, 2025, also saw robust growth, climbing 21% year-on-year to EGP 599.979 million (US$ 19.4 million).
EGYPT – East Delta Flour Mills, a leading Egyptian grain processor and food manufacturer, has reported a significant 33% year-on-year increase in net profit after tax for the first nine months of its fiscal year 2024/2025.
The company’s unaudited financial results reveal net profits of EGP 133.615 million (US$ 2.7 million), up from EGP 100.574 million (US$2.1 million) in the same period last year, underscoring its resilience amid challenging economic conditions.
Sales for the period ending March 31, 2025, also saw robust growth, climbing 21% year-on-year to EGP 599.979 million (US$ 19.4 million) compared to EGP 497.200 million (US$ 16.1 million) a year earlier.
This growth builds on the company’s strong half-year performance, where profits rose by 31% and sales climbed by 24% year-on-year.
In the first six months alone, East Delta Flour Mills recorded a net profit of EGP 84.78 million (US$ 1.7 million) on sales of EGP 392.01 million (US$ 12.7 million), underscoring consistent momentum across all quarters.
East Delta Flour Mills, headquartered in Zagazig, is a key player in Egypt’s food industry, specializing in the manufacture, processing, warehousing, packaging, import, export, and distribution of grains and grain derivatives.
The company’s product portfolio includes wheat flour, bread, pasta, and other grain-based foods, serving both domestic and export markets.
According to the company, the strong earnings are attributed to effective cost management, strategic expansion in product offerings, and increased demand for staple foods in Egypt’s growing population.
The company’s financial ratios, such as a price-to-earnings (P/E) ratio of 6.7x and a price-to-book ratio of 3.3x, position it competitively within the consumer non-cyclicals sector, reflecting investor confidence and operational efficiency.
East Delta Flour Mills’ performance is also notable against the backdrop of Egypt’s broader efforts to ensure food security and stabilize grain supplies amid global market volatility. The company’s ability to maintain profitability and expand its market share highlights the critical role of local millers in supporting national food systems.
Looking ahead, East Delta Flour Mills is expected to continue leveraging its integrated supply chain, diversified product mix, and strategic investments to sustain growth.
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