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El Nasr for Manufacturing widens loss by 105.7% YoY in 6 months

El Nasr for Manufacturing widens loss by 105.7% YoY in 6 months

Arab FinanceEl Nasr for Manufacturing Agricultural Crops (ELNA) has widened its net loss after tax by 105.75% year-on-year (YoY) during the period from April 1st until September 30th, according to the financial statement filed to the Egyptian Exchange (EGX) on November 13th.

Net loss after tax stood at EGP 1.66 million in the six-month period ended September 30th from EGP 810,325 million in the same period a year earlier.

El Nasr for Manufacturing is an Egypt-based public shareholding company that operates in the food processing sector. It is primarily engaged in the dehydration, distribution, and export of agricultural crops, including onions and other vegetables. The company is also engaged in the manufacture and export of dehydrating equipment and machinery.

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