El Ahram for Printing’s losses widen 68.74% YoY in Q1

Updated 5/1/2024 10:57:00 AM
El Ahram for Printing’s losses widen 68.74% YoY in Q1

Arab Finance: El Ahram for Printing and Packing’s (EPPK) losses rose 68.74% year on year (YoY) during the first quarter (Q1) of 2024, according to the financial statement filed to the Egyptian Exchange (EGX) on May 1st.

The company incurred a net loss after tax of EGP 5.667 million in Q1 2024, compared to EGP 3.358 million in the three-month period ended March 31st, 2023.

Net sales rose to EGP 6.332 million during the first three months of 2024 from EGP 2.602 million during the January-March period of 2023.

El Ahram for Printing is an Egyptian company engaged in the field of flexible packing since 1993 located in the second industrial zone of Borg El-Arab El-Gideda at Alexandria.

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