El Ahram for Printing records 57% profit decline
Updated 11/19/2020 3:57:32 PM
ArabFinance: El Ahram for Printing and Packing reported a 57% Year on Year decline in its net profit in the first nine months of 2020, according to the company’s November 19th financial statements filed to the Egyptian Exchange.
Net profit after tax stood at EGP 343,429 in the January-September period of 2020, compared to EGP 798,736 achieved in the prior-year period.
The company’s ordinary general meeting decided not to distribute dividends for 2018 and 2019.
El Ahram for Printing is an Egyptian company engaged in the field of flexible packing since 1993 located in the second industrial zone of Borg El-Arab El-Gideda at Alexandria.
