El Ahram for Printing switches to loss in Q1
Updated 7/24/2022 11:14:00 AM
Arab Finance: El Ahram for Printing and Packing (EPPK) turned to losses during the first quarter (Q1) of 2022, according to the unaudited financial statement filed to the Egyptian Exchange (EGX) on July 24th.
The company incurred a net loss after tax of EGP 1.35 million in Q1 2022, compared to a net profit of EGP 1.194 million in the three-month period ended March 31st, 2021.
Net sales dropped to EGP 7.145 million in Q1 2022 from EGP 9.635 million in Q1 2021.
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.
