Mansourah Poultry’s profits skyrocket 849.02% YoY in H1

Updated 8/9/2023 12:26:00 PM
Mansourah Poultry’s profits skyrocket 849.02% YoY in H1

Arab Finance: Mansourah Poultry (MPCO) reported an 849.02% year-on-year (YoY) surge in net profit after tax during the first half (H1) of 2023, according to the company’s financial statement filed to the Egyptian Exchange (EGX) on August 9th.

The company recorded a net profit after tax of EGP 23.398 million in H1 2023, compared to EGP 2.465 million in H1 2022.

Revenue amounted to EGP 167.109 million in H1 2023, up by 86.24% from EGP 89.729 million in H1 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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