El Ahram for Printing’s losses climb 128.3% YoY in H1

Updated 8/10/2022 2:47:00 PM

Arab Finance: El Ahram for Printing and Packing (EPPK) posted a 128.3% year-on-year (YoY) hike in net loss after tax for the first half (H1) of 2022, according to the unaudited financial statement filed to the Egyptian Exchange (EGX) on August 10th.

Net loss after tax stood at EGP 2.305 million in the six-month period ended June 30th, compared to a loss of EGP 1.009 million in H1 2021.

The company registered net sales of EGP 14.038 million in H1 2022, down from EGP 16.679 million in the same period last year.

Located in the second industrial zone of Borg El-Arab El-Gideda at Alexandria, El Ahram for Printing is an Egyptian company that operates within the field of flexible packing since 1993.