Unipack’s profits grow 4.44% YoY in Q1
Updated 5/30/2023 1:56:00 AM
Arab Finance: Universal for Paper and Packaging Materials (Unipack) reported a 4.44% year-on-year (YoY) growth in net profits for the first quarter (Q1) of 2023, according to the company’s financial statement filed to the Egyptian Exchange (EGX) on May 30th.
Net profits amounted to EGP 8.109 million in Q1 2023, compared to EGP 7.764 million in Q1 2022.
The company also achieved net sales of EGP 192.949 million in the three-month period ended March 31st, growing from EGP 188.640 million in the first three months of 2022.
Unipack is an Egypt-based public shareholding company that manufactures self-adhesive products. The company is primarily engaged in the production and sale of paper and packaging materials while marketing its products domestically and internationally.
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