Mitsides Public Company Ltd.
CCSECY:MIT1.19
EUR
+0.01
(+0.85%)
Mitsides Public Company Ltd.
CSECY:MIT
(Cyprus Stock Exchange)
Recent
price
1.19
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Mitsides Public Company Ltd. is a Cyprus-based food processing and manufacturing enterprise engaged in grain procurement, flour milling, pasta production, and food distribution. Founded in 1932 and headquartered in Nicosia, Cyprus, the company operates through two core business divisions: Manufacturing and Trading. The company's product and service portfolio encompasses pasta manufacturing, offering long pasta, short pasta, traditional Cypriot specialties such as trahanas and village-style macaroni, whole wheat pasta, organic pasta, and durum wheat semolina under the Mitsides brand; flour milling, producing a comprehensive line of plain, bread, self-raising, wholemeal, rye, and specialty flours for retail and commercial use; bakery raw materials and confectionary ingredients, supplying active yeast, bread improvers, specialty premixes, fats, and pastry compounds to artisanal and industrial bakeries; and food trading and distribution, representing imported international food brands and distributing canned tomatoes, sauces, edible oils, rice, pulses, and frozen dough products to mass retail, hospitality, and food service channels. The company operates modern grain storage silos, fully automated flour mills, and pasta processing facilities in Cyprus, alongside regional manufacturing and distribution operations in Serbia through its subsidiary Mitsides Point d.o.o. to serve markets across Southeastern Europe and the Middle East. In recent operational developments, Mitsides Public Company Ltd. has advanced the modernization of its grain processing and milling infrastructure through automated packaging lines, expanded its commercial line of health-focused and high-fiber grain products, integrated commercial-scale photovoltaic solar installations across its manufacturing sites to enhance energy efficiency, and reinforced its regional export networks across Mediterranean and European markets.