Egypt for Poultry incurs EGP 2.7M losses in Q1
Updated 5/17/2022 11:55:00 AM
ArabFinance: Egypt for Poultry (Egypco) (EPCO) has incurred a consolidated loss attributable to the parent company of EGP 2.689 million during the first quarter (Q1) of 2022, up from EGP 2.199 million in the same quarter the year before, according to financial statements filed to the Egyptian Exchange (EGX) on Tuesday.
The company’s standalone net loss after tax increased to EGP 2.105 million in the three-month period ended March 31st, from EGP 1.779 million the year before, financial statements showed.
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.
