Middle Egypt Flour Mills
EEGX:CEFM126.71
EGP
-2.79
(-2.15%)
ISIN
EGS30401C011
Return %
Stock
S&P 500
1Y
6.68
14.20
3Y
162.61
81.12
5Y
282.81
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Bakry Hassan Mohamed Obaid
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Minya Egypt
- IPO Date
- Mar 27, 1996
- Similar Companies
- Business
- Middle Egypt Flour Mills Co. S.A.E. is an Egypt-based public shareholding agribusiness and food processing enterprise primarily engaged in the manufacturing, milling, processing, packaging, trading, importing, and distribution of wheat grains and grain-derived staple food products. Founded in 1966 and headquartered in Minya, Egypt, the company operates as a key subsidiary of the state-owned Food Industries Holding Company under the purview of the Ministry of Supply and Internal Trade. The company provides a systematic portfolio of products and agro-industrial services, including subsidized 82% extraction wheat flour for national bread production; 72% fine white flour for commercial bakeries and confectionery applications; semolina and durum wheat derivatives; packaged dry pasta and macaroni products; coarse and fine wheat bran utilized in animal and poultry feed manufacturing; dry and active bakery yeast; fresh baked goods; commercial block and crushed ice; grain warehousing, silo management, and bulk handling services; grain quality testing and laboratory inspection; regional freight and fleet transportation logistics; and real estate investment and property management services leveraging surplus commercial and industrial land plots. The company operates an extensive network of industrial roller mills, grain silos, bunkers, and distribution depots across the Middle Egypt and Upper Egypt regions, predominantly serving the governorates of Minya, Beni Suef, Fayoum, and Asyut. In recent developments, Middle Egypt Flour Mills Co. has advanced significant capital expenditure and infrastructure modernization programs, executing targeted facility upgrades that include the technological rehabilitation of the Beni Mazar grain silo in Minya, capacity and machinery enhancements at the Abu Qurqas flour mill, and the integration of advanced Programmable Logic Controller (PLC) electronic automation systems at its Asyut cylinder milling complex. The company has also rolled out enterprise-wide digital transformation initiatives to interconnect regional production units with central management systems, while simultaneously expanding its asset monetization strategy through commercial real estate development and securing strengthened operational and financial performance with annual net profit exceeding 203 million Egyptian pounds driven by record milling volumes and optimized supply-chain integration during national wheat procurement campaigns.