In the first half of FY 2019/2020, the company posted a net profit of EGP 7,212,016, compared to EGP 103,955,269 in the same period a year ago.
The public shareholding company is engaged in farming, trading, and distribution of crops and seeds. The company purchases cotton flowers and cotton seeds from producers, undertakes contracting activities with cotton ginning companies, and trades in cotton fibers and seeds.