Mansourah Poultry extends losses by 32.6% YoY in 9 months

Updated 11/14/2022 2:36:00 PM

Arab FinanceMansourah Poultry (MPCO) incurred a net loss after tax of EGP 11.40 million in the first nine months of 2022, up by 32.6% year-on-year (YoY) from EGP 8.59 million, according to the financial statement filed to the Egyptian Exchange (EGX) on November 14th.

Net operating revenues surged to EGP 117.007 million in the January-September period from EGP 82.79 million in the year-before period.

Mansoura Poultry is an Egypt-based public shareholding company specializing in poultry farming and its related activities. The firm produces poultry products for breeding purposes for the production of hatching eggs and day-old chicks.