ArabFinance: Mansoura Poultry Company (MPCO) stated that Sharkia National Food Company (SNFC) reduced its stake from 3.29% to 1.47%, according to a November 4^th statement filed to the Egyptian Exchange.

SNFC sold 368,894 shares at EGP 15.14 per each, with a total amount of EGP 5,586,078.

The company posted a net profit of EGP 17,010,993 in the first half of 2020, a 175% rise from EGP 6,195,976 achieved in the same period of 2019.

Mansoura Poultry is an Egypt-based public shareholding company specialized in poultry farming and its related activities. The firm produces poultry products for breeding purposes for the production of hatching eggs and day-old chicks.