Arab Finance: Delta Sugar Company posted a 91% year-on-year (YoY) increase in net profits after tax for the first nine months of 2023, according to the company’s financial statement filed to the Egyptian Exchange (EGX) on November 12^th.

Net profits after tax rose to EGP 1.404 billion from January to September from EGP 735.212 million in the same period of last year.

Meanwhile, revenues amounted to EGP 5.564 billion in the nine-months period ended September 30^th, up from EGP 3.086 billion over the corresponding period of 2022.

Delta Sugar Company operates in the food industry, it is engaged in the production of white sugar, refined sugar, dry pulp, molasses, cube sugar. Delta Sugar Company operates and manages factories located in Kafr Al-Sheikh province.

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