ArabFinance: Egypt for Poultry Company (Egypco) (EPCO) announced that shareholder Artej for Investment and Real Estate Development reduced its stake via selling 1.016 million shares at EGP 6.217 million, according to the company’s statement to the Egyptian Exchange on February 21^st.

Artej’s stake declined to 33.87% from 36.26%.

The listed company registered a standalone net loss after tax of EGP 1.29 million during the three months ended on September 30^th 2020.

Egypco is a public shareholding company that operates in the food processing industry. It manages poultry farms and slaughterhouses and is engaged in land reclamation and agricultural activities, as well as cattle and fish product manufacturing.