Ismailia Poultry turns to losses in Q1

Cairo - Mubasher: Ismailia Misr Poultry reported losses of EGP 3.53 million in the first quarter of 2017 against profits of EGP 3.75 million in the same quarter last year, according to a bourse filing.

Sales grew 7.97% in Q1-17 to EGP 68.6 million up from EGP 65.53 million in the same period in 2016, according to the company’s statement to the Egyptian Exchange (EGX) on Sunday.

The company’s consolidated financial statements showed losses of EGP 9.16 million in the three-month period that ended on 31 March.

Mubasher Contribution Time: 14-May-2017 20:27 (GMT)
Mubasher Last Update Time: 14-May-2017 20:27 (GMT)