North Cairo Mills Co.

North Cairo Mills Co.

EEGX:MILS
133.00
EGP
-13.57
(-9.26%)
No data availableFinancial data will appear here once available

Capital Structure

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in mil. unless spec.
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Working Capital

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in mil. unless spec.
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Growth Rates

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in mil. unless spec.
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Quarterly Revenue

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in mil. unless spec.
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Quarterly Earnings Per Share

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in mil. unless spec.
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Quarterly Dividends Per Share

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in mil. unless spec.
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Company Description

CEO
Ahmad Al-Isawi Abdo Abdo
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Cairo Egypt
IPO Date
Sep 17, 1995
Business
North Cairo Mills Co. is an Egypt-based public shareholding food processing company primarily engaged in grain milling, bakery product manufacturing, pasta production, and animal feed manufacturing. Founded in 1965 and headquartered in Cairo, Egypt, the company operates as a subsidiary of the state-owned Holding Company for Food Industries (HCFI) under the Ministry of Supply and Internal Trade. North Cairo Mills Co. operates across multiple integrated business segments, serving state food subsidy programs, commercial food manufacturers, retail bakeries, and direct consumers across Greater Cairo and surrounding Egyptian governorates. The company's core operations and product portfolio encompass: flour milling and wheat processing, including the production of 82% extraction wheat flour for subsidized baladi bread, 72% extraction fine wheat flour for commercial bakeries and pastries, semolina, and fine and coarse wheat bran; bakery and confectionery production, consisting of baladi bread, fino bread, toast, packaged rusks, biscuits, cakes, and traditional oriental sweets; pasta manufacturing, comprising diverse dry pasta varieties such as macaroni, spaghetti, and noodles; animal and poultry nutrition, covering concentrated fodder, livestock feed pellets, and customized bran-based animal feed formulations; grain handling and logistics services, offering wheat storage in metal and concrete grain silos, grain discharge and bagging, warehousing, and refrigerated storage facilities; and retail distribution, operating a network of consumer goods outlets and mobile sales points distributing basic food commodities and packaged staples to the public. In recent developments, North Cairo Mills Co. has implemented extensive modernization and efficiency programs across its operational footprint in coordination with the Holding Company for Food Industries, including the upgrading of automated milling lines and digital silo monitoring systems to enhance extraction rates and minimize post-harvest grain losses in support of national food security initiatives. The company has also expanded its energy transition initiatives by converting traditional bakery ovens to natural gas systems, scaled up the production capacity of its high-protein animal feed lines to address local market demand, and broadened its retail footprint through strategic participation in Ministry of Supply seasonal commodity exhibitions and subsidized grocery distribution drives.