El Badr Investment moves to loss in 2023

Updated 4/22/2024 9:34:00 AM
El Badr Investment moves to loss in 2023

Arab Finance: El Badr Investment and Development (EBDP) has incurred net losses after tax of EGP 152,427 in 2023, compared to net profits of EGP 612,371, as per the company’s financial statement filed to the Egyptian Exchange (EGX) on April 22nd.

Meanwhile, net sales amounted to EGP 8.610 million from January through December, down from EGP 12.524 million in 2022.

Founded in 2002 and listed on EGX in 2008, El Badr specializes in providing plastic packaging solutions to meet all packaging and design needs.

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