Delta Sugar’s 2022 net profit leaps 120.8% YoY

Updated 3/2/2023 8:46:00 AM
Delta Sugar’s 2022 net profit leaps 120.8% YoY

Arab Finance: Delta Sugar recorded a 120.8% year-on-year (YoY) surge in net profit after tax in 2022, according to the financial income statement sent to the Egyptian Exchange (EGX) on March 1st.

Net profit after tax stood at EGP 850.40 million last year, compared to EGP 385.01 million in 2021.

The company generated revenues of EGP 3.76 billion in 2022, up from EGP 3.24 billion in 2021.