Upper Egypt Flour Mills lifts annual profit to over US$4M despite interim decline
UEFM is one of Egypt’s key grain processors, specializing in milling both local and imported wheat.
EGYPT – Upper Egypt Flour Mills (UEFM) has reported an increase in its annual standalone net profit for the fiscal year ended 30 June 2025, despite a dip in its nine-month consolidated earnings.
According to a statement filed with the Egyptian Exchange, the company achieved an unaudited standalone net profit of US$4.67 million (EGP 222.232 million), up from US$3.91 million (EGP 185.687 million) in the previous fiscal year.
Revenue for the year reached approximately US$32.39 million (EGP 1.54 billion), reflecting stable operational performance in a challenging market environment.
However, for the nine-month period from 1 July 2024 to 31 March 2025, UEFM posted a consolidated net profit of US$3.85 million (EGP 183.27 million), down from US$4.16 million (EGP 197.71 million) during the same period a year earlier.
The decline suggests the company faced cost pressures or fluctuations in market demand during the year, particularly in its subsidiary operations.
UEFM, headquartered in Sohag and listed on the Egyptian Exchange since 1996, remains a significant player in the Egyptian milling sector, which has been undergoing modernization to meet growing domestic demand and strengthen export competitiveness.
The company is one of Egypt’s key grain processors, specializing in milling both local and imported wheat, producing bread, and exporting grain-based products. In addition to its core milling operations, the company is active in real estate development and leasing.
Its wholly owned subsidiary, Wadi Al-Muluk Milling Company, manufactures fine flour, baked goods, pasta, dough, and animal feed, and constructs grain storage silos to support Egypt’s food security infrastructure.
With a price-to-book ratio of around 6.05 and a return on equity close to 15.86% as of mid-2025, UEFM is well-positioned to maintain a stable market presence. The company is expected to focus on optimizing its supply chain, enhancing production efficiency, and leveraging export opportunities to sustain growth in the coming fiscal year.
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