Financials & Economy

The strategic transformation is part of a broader plan to streamline operations, reduce costs, and boost profitability.

The company attributed the improvement to a sustained lift in consumer flour sales, where revenue grew 4.4%.

The impressive profit growth reflects sustained demand and recovery in the Egyptian snack market.

This expansion is driven by rising consumer demand for healthier, sustainable, and allergen-free baked goods.

The company’s unaudited results released to the Nigerian Exchange Ltd. (NGX) show gross profit climbed 56 %, while profit before tax surged 101 %.