Arab Finance: Egypt for Poultry (Egypco) has achieved consolidated net profits attributable to the parent company of EGP 882,445 during the first quarter (Q1) of 2023, versus net losses amounting to EGP 2.689 million in the same quarter the year before, according to financial statements filed to the Egyptian Exchange (EGX) on May 16th.

The company’s standalone net profits after tax hit EGP 1.397 million in the three-month period ended March 31st, against net losses after tax of EGP 2.105 million during Q1 2022.

Egypco is a public shareholding company that operates in the food processing industry. It manages poultry farms and slaughterhouses and is engaged in land reclamation and agricultural activities, as well as cattle and fish product manufacturing

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