Foodico’s profit falls in 2021

Updated 2/27/2022 9:47:33 AM

ArabFinance: Ismailia National Food Industries (Foodico(INFI) posted a net profit after tax of EGP 9.55 million in 2021, down from EGP 11.64 million in 2020, according to the company’s financial statement filed to the Egyptian Exchange (EGX).

Net sales amounted to EGP 67.27 million last year, rising from EGP 47.51 million in 2020.

Foodico is an Egypt-based public shareholding company engaged in the food industry. The company exports its products to UAE, Europe, US, Canada, and Australia.