Arab Finance: El Badr Plastic Company (EBDP) has turned to a profit in the first half (H1) of 2022, according to the company’s financial income statement filed to the Egyptian Exchange (EGX) on August 16th.
The company has recorded a net profit of EGP 244,612 in H1 2022, versus a net loss of EGP 1.55 million in H1 2021.
Sales increased to EGP 5.51 million in H1 2022 from EGP 2.36 million in the same quarter a year earlier.
Founded in 2002 and listed on EGX in 2008, El Badr specializes in providing plastic packaging solutions to meet all packaging and design needs.