Rakta suffers EGP 69M loss
Updated 3/30/2021 11:01:00 AM
ArabFinance: General Company for Paper Industry (Rakta) (RAKT) incurred a net loss of EGP 69.31 million during the July-February period of the fiscal year 2020/2021, the company stated in a filing to the Egyptian Exchange on March 30th.
In February, the company’s loss stood at EGP 15.13 million.
The listed company incurred a net loss of EGP 8.08 million during the July-January period of FY 2020/2021.
Rakta is an Egypt-based public shareholding company engaged in the production and distribution of printing and wrings papers, and multi-layered duplexes carton papers.
