ArabFinance: El Nasr for Manufacturing Agricultural Crops (ELNA) said its shareholder Ibrahim Elnahas sold 170,000 shares from its capital at EGP 6.108 million, according to the company’s statement to the Egyptian Exchange on April 18th.
Elnahas cut his stake to %0.92 from %3.08, the statement highlighted.
The company suffered a net loss of EGP 3.33 million during the period ended December 31st 2020, compared to EGP 7.13 million in the same period in the prior year.
El Nasr for Manufacturing is an Egypt-based public shareholding company that operates in the food processing sector. It is primarily engaged in the dehydration, distribution, and export of agricultural crops, including onions and other vegetables. The company is also engaged in the manufacture and export of dehydrating equipment and machinery.