ArabFinance: El Badr Plastic Company (EBDP) received the equipment of its factory from China-based Haitian on April 20th, according to the company’s statement filed to the Egyptian Exchange.
The factory starts work with the new equipment in mid-May 2021.
El Badr incurred a net loss of EGP 2,078,575 in 2020, compared to EGP 1,416,526 incurred a year earlier.
El Badr increased its issued and paid-in capital to EGP 11.47 million from EGP 3.82 million through capital subscription.
Founded in 2002 and listed on EGX in 2008, El Badr specializes in providing plastic packaging solutions to meet all packaging and design needs.