Egyptian Starch & Glucose Manufacturing Company Announces Audited Earnings Results for the Year Ended December 31, 2017

Egyptian Starch and Glucose Manufacturing Co SAE is an Egypt-based company that operates in the food processing industry sector. The Company is engaged in the production and distribution of starch, glucose and related products. The Company's products include corn starch, glucose syrup, corn oil, gluten feed and gluten meal. The Company has one subsidiary, Cairo Starch and Glucose Manufacturing Co., which is involved in the establishment and operation of factories for the production and trade of starch, glucose and related products. Egyptian Starch & Glucose Manufacturing Company is subsidiary of Americana Group for Food & Touristic Projects, which holds a 39.37%-stake in the Company's capital. In April, 2014, the Company sold a plot of land measuring 3,605 square meters in Helwan. In September, 2014, the Company approved the merger between Egyptian Starch and Glucose Manufacturing Co (Acquirer) and Cairo Starch and Glucose Manufacturing Co (Target).