ArabFinance: Artej for Investment and Real Estate Development reduced its stake in Egypt for Poultry Company (Egypco) (EPCO) by selling 1.96 million shares at EGP 14.42 million, according to a statement to the Egyptian Exchange on February 18th.
The company registered a standalone net loss after tax of EGP 1.8 million during the first six months of 2020.
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.