El-Ahram for Printing reports 5% profit increase

Updated 6/16/2020 10:59:59 PM

ArabFinance: El-Ahram Company for Printing and Packing (EPPK) reported a 5% Year on Year decline in its net profit in Quarter one (Q1) of 2020, according to the company's June 16th financial statements filed to the Egyptian Exchange.

Net profit stood at EGP 494,608 in Q1 2020, compared to EGP 519,381 posted in Q1 2019.

In 2019, the company posted net profit of EGP 2,129,410 in 2019, a 69%  rise from EGP 7,095,873 achieved a year earlier.

Al Ahram is an Egyptian company engaged in the field of flexible packing since 1993 located in the second industrial zone of Borg El-Arab El-Gideda at Alexandria.