El Badr Plastic deepens loss

Updated 6/15/2021 1:54:31 PM

ArabFinance: El Badr Plastic Company (EBDP) deepened its net loss during the first quarter (Q1) of 2021, the company said in a statement to the Egyptian Exchange.

Net loss stood at EGP 1.127 million in Q1 2021, compared to EGP 360,109 in the same period last year.

In 2020, the company reported a 47% Year on Year rise in its net loss, incurring EGP 2.07 million.

Founded in 2002 and listed on EGX in 2008, El Badr specializes in providing plastic packaging solutions to meet all packaging and design needs.