Sharkia National Food sells treasury stocks
Updated 9/1/2020 12:23:29 PM
ArabFinance: Sharkia National Food Company (SNFC) sold 59,588 treasury stocks on August 31st, which represent 0.363% of its capital, according to the company statement filed to the Egyptian Exchange.
After the deal has been executed, Sharkia National has no treasury stocks.
The company posted a net profit of EGP 2,441,608 in the first half (H1) of 2020, against a net loss of EGP EGP 430,975 in H1 2019.
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.
