Egypco’s consolidated losses deepen 12% YoY in H1
Updated 8/14/2022 3:32:00 PM
Arab Finance: Egypt for Poultry (Egypco) (EPCO) posted a 12% year-on-year (YoY) increase in consolidated loss attributable to the parent company during the first half (H1) of 2022, recording EGP 4.857 million, according to the financial statements filed to the Egyptian Exchange (EGX) on August 14th.
The company did not report consolidated revenues for the six-month period ended June 30th.
As for standalone financials, the company reported a net loss after tax of EGP 3.738 million in the January-June period, up from EGP 3.384 million in H1 2021.
Egypco is a public shareholding company that operates in the food processing industry. It manages poultry farms and slaughterhouses and is engaged in land reclamation and agricultural activities, as well as cattle and fish product manufacturing.
