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Shorouk for Modern Printing profit skyrockts

Shorouk for Modern Printing profit skyrockts

ArabFinance:  Shorouk for Modern Printing and Packaging reported 170% Year on Year leap in its consolidated net profit in 2020, according to the company’s financial statements filed to the Egyptian Exchange.

Consolidated net profit before minority interest stood at EGP 162,720,270 in 2020, compared to EGP 60,362,121 achieved a year earlier.

Standalone net profit reached EGP 124,105,013 in 2020, a 54% rise from EGP 80,437,536 posted in 2019.

Shorouk for Modern Printing was established in 1979 as a private printing press. The company specializes in printing both books and magazines, in addition to packaging boxes and folding carton boxes.

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