Sharkia National Food swings to profit

Updated 8/17/2020 9:40:00 AM

ArabFinance: Sharkia National Food Company (SNFC) posted a net profit of EGP 2,441,608 in the first half (H1) of 2020, according to the company’s August 16th financial statements filed to the Egyptian Exchange.

In H1 of 2019, the company reported a net loss of EGP 430,975. 

The company suffered a net loss of EGP 3,770,223 in 2019, versus posting a net profit of EGP 1,435,453 in 2018. 

Sharkia National Food's main activities include feed manufacture and fattening cattle. The company operates three types of factories, such as poultry feed production factory, animal feed production factory, and cattle fattening farm.