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Sharkia National Food turns to loss in 2021

Sharkia National Food turns to loss in 2021

ArabFinanceSharkia National Food Company (SNFC) incurred a net loss of EGP 9.08 million in the full-year of 2021, versus a net profit of 10.21 million in the year-ago period, according to the company’s financial statement filed to the Egyptian Exchange (EGX).

Net sales amounted to EGP 7.91 million in 2021, down from EGP 22.55 million in 2020.

Sharkia National Food's main activities include feed manufacture and fattening cattle. The company operates three types of factories, such as poultry feed production factory, animal feed production factory, and cattle fattening farm.

 

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