Ismailia Misr Poultry (ISMA) turned profitable at EGP 37.564 million in 2024

Ismailia Misr Poultry (ISMA) logged EGP 6.939 million in consolidated net profits attributable to the parent company in the first nine months of 2024, compared to net losses of EGP 80.742 million in the same period of 2023.

Ismailia Misr Poultry’s (ISMA) consolidated net profits attributable to the parent company recorded EGP 2.196 million in the first quarter (Q1) of 2024, compared to net losses of EGP 23.722 million in Q1 2023.

The Egypt-based public shareholding company is engaged in manufacturing and producing poultry products. It operates production stations, which consist of fodder plants, broiler fattening stations, laying hens farming stations, poultry feed manufacturing unit, hatching unit, and slaughterhouse.

Established in 1977, the firm is engaged in manufacturing and producing poultry products. It owns and operates poultry farms and chicken slaughterhouses, while producing frozen and alive fattening chicken, chicken products, large chicken, eggs, and animal feed.

Ismailia Misr Poultry Company recorded EGP 129.77 million in consolidated net losses after tax and minority interest in 2022, versus EGP 326,626 in net profits in 2021