Medical Packaging posts higher profit in 2021

Updated 3/3/2022 9:20:58 AM

ArabFinanceMedical Packaging Company (MEPA) posted a net profit after tax of EGP 7.68 million in 2021, up from EGP 4.40 million in 2020, according to the company’s financial statement filed to the Egyptian Exchange (EGX).

The company generated sales of EGP 47 million last year, compared to EGP 36.72 million in 2020.

Medical Packaging is an Egypt-based public shareholding company engaged in the manufacturing of medical and pharmaceutical packaging products.

The company focuses on the operations and establishment of a factory for the production of glass containers for the purpose of medical, pharmacy, laboratories, cosmetics, and perfumes.