General Company for Silos: Q4-FY2015/16 profit hits $5.1 million

Egypt’s General Company for Silos and Storage (GSSC.CA) reported higher profits for the fourth quarter of financial year 2015/16.

Profits after tax reached 46 million Egyptian pounds ($5.1 million) compared with 27.77 million pounds for the fourth quarter of financial year 2014/15.

The company registered net profits of 36.4 million pounds by the end of third quarter of the current financial year.