Delta Sugar’s annual profits double in H1

Updated 8/1/2023 8:26:00 AM
Delta Sugar’s annual profits double in H1

Arab Finance: Delta Sugar Company’s net profits after tax saw a two-fold increase in the first half (H1) of 2023 to EGP 1.88 billion, up from EGP 544.01 million in H1 2022, the company’s unaudited financial indicators revealed on July 31st.

Meanwhile, revenues grew 41% year on year (YoY) in the six-month period, hitting EGP 3.536 billion, compared to EGP 2.505 billion.

Delta Sugar is an Egypt-based shareholding company that operates in the food processing industry sector.

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