Middle & West Delta Flour Mills posts US$13.8M profit in FY2024/25
During the first half of FY 2024/2025, net profit reached US$ 5.3 million.
EGYPT – Middle & West Delta Flour Mills, an Egypt-based company listed on the Egyptian Exchange, has reported a modest increase in earnings for the fiscal year 2024/2025, posting a net profit after tax of EGP 424.847 million (US$ 13.8 million) compared to EGP 415.290 million (US$ 13.5 million) in the previous fiscal year.
Revenues also rose steadily, reaching EGP 2.694 billion (US$ 87.6 million) by the end of June 2025, up from EGP 2.467 billion (US$ 80.1 million) a year earlier.
The company attributed the growth to stronger grain handling volumes and stable demand for flour and grain derivatives across its markets.
Founded in 1965 and headquartered in Tanta, Egypt, Middle & West Delta Flour Mills has long been engaged in the manufacture, processing, import, export, storage, and distribution of grains and their derivatives. The company’s diverse operations across Egypt remain central to the country’s food security and milling infrastructure.
During the first half of FY 2024/2025, the company had already signaled a strong performance, with net profit reaching EGP 162.330 million (US$ 5.3 million) against EGP 156.602 million (US$ 5.1 million) in the same period of the previous year.
Revenues for the half-year climbed to EGP 1.245 billion (US$ 40.5 million) from EGP 1.117 billion (US$36.3 million). These results laid the foundation for the company’s full-year growth.
In the capital markets, Middle & West Delta Flour Mills’ shares have traded in a relatively strong range, with recent values near EGP 400.65 (US$ 13.0) per share. The company continues to appeal to investors with a dividend yield approaching 9%, supported by a solid payout ratio that reflects its steady profitability.
Compared to other food and agribusiness players in Egypt, whose performance has been affected by volatile input costs and currency pressures, Middle & West Delta Flour Mills has demonstrated resilience. Its traditional grain-focused business model, extensive storage and distribution capabilities, and consistent dividend policy remain key pillars of stability.
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