Misr Kuwait Investment okays business continuity

Updated 4/1/2021 11:36:00 AM

ArabFinance:  Misr Kuwait Investment and Trading Company’s (MKIT) extraordinary general assembly approved business continuity, according to the company’s statement released on April 1st.

On March 31st, the ordinary general assembly ratified the financial results for 2020.

The company incurred net losses of EGP 541,978, versus posting profits of EGP 380,056 in the same period a year ago.

Established in 1998, the company provides real estate property investment and management. It owns and operates cattle and chicken farms, while producing eggs, poultry, meat, cheese, and bakery products.