Arab Cotton Ginning Company witnessed 93% year-on-year (YoY) lower consolidated net profits after tax at EGP 18.929 million in the first six months of fiscal year (FY) 2024/2025

Arab Cotton Ginning Company (ACGC) reported a 209% year-on-year (YoY) surge in consolidated net profits after tax and non-controlling interest in the first nine months of fiscal year (FY) 2023/2024.

Arab Cotton Ginning Company (ACGC) has reported a 142% year-on-year (YoY) plunge in standalone net profit after tax in the first nine months of fiscal year (FY) 2023/2024, registering EGP 62.687 million, compared to EGP 25.901 million.

Arab Cotton Ginning Company’s (ACGC) standalone net profits after tax soared 210% year on year during the first half (H1) of the fiscal year (FY) 2023/2024 to EGP 10.072 million from EGP 3.248 million.

Arab Cotton Ginning Company (ACGC) will distribute cash dividends of EGP 0.25 per share to shareholders for fiscal year (FY) 2022/2023 as of January 24th.

ACGC is an Egypt-based company active in the textiles and clothing industry sector. The company is engaged in cotton ginning, as well as trading of its products domestically and internationally.

Arab Cotton Ginning Company (ACGC) reported a 120.8% year-on-year (YoY) surge in consolidated net profits attributable to the parent company in the fiscal year (FY) 2022/2023, registering EGP 280.204 million, compared to EGP 126.925 million.

Arabia Cotton Ginning Company’s standalone net profits after tax surged 16.6% year on year (YoY) to EGP 10.131 million in the first quarter (Q1) of fiscal year (FY) 2023/2024, compared to EGP 12.149 million.

The company’s revenue climbed 30% YoY to EGP 1.685 billion in the nine-month period ended March 31st, compared to EGP 1.298 billion in the same period a FY earlier.

ACGC is an Egypt-based company active in the textiles and clothing industry sector. The company is engaged in cotton ginning, as well as trading of its products domestically and internationally.