El Nasr for Manufacturing to sell its land in Sohag
Updated 7/14/2020 4:56:00 PM
ArabFinance: El Nasr for Manufacturing Agricultural Crops (ELNA) said Sohag governorate issued demolition license of the company plant in west Sohag, according to the company's March 14th statement to filed the Egyptian Exchange.
The company will demolish the plant in the preparation of sale the plant's land, the statement highlighted.
El Nasr for Manufacturing reported net loss widened to EGP 8.55 million in FY ended in March 2020, a 32.7% increase from EGP 6.44 million in the fiscal year ended March 31st 2019.
The listed company 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.
