Arab Finance: Mansourah Poultry (MPCO) has reported a 329.42% year-on-year (YoY) surge in net profits after tax during the first quarter (Q1) of 2023, according to financial statements filed to the Egyptian Exchange (EGX) on May 17th.

The company recorded a net profit after tax of EGP 23.306 million in Q1 2023, compared to EGP 5.427 million in Q1 2022.

Revenue amounted to EGP 93.398 million in Q1 2023, up by 76.75% from EGP 52.842 million in Q1 2022.

Mansoura Poultry is an Egypt-based public shareholding company specialized in poultry farming and its related activities. The firm produces poultry products for breeding purposes for the production of hatching eggs and day-old chicks.

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