Rakta Paper incurs EGP 97m losses in FY20/21

Cairo – Mubasher: Rakta Paper Manufacturing registered net losses of EGP 97.11 million during the fiscal year (FY) from 1 July 2020 to 30 June 2021.

Sales amounted to EGP 10.1 million in FY20/21, according to a bourse statement on Monday.

As for the month of June 2021, Rakta Paper suffered net losses of EGP 9.84 million, while the sales stood at about EGP 171,000.

In the first nine months of FY20/21, until March 2021, the company incurred net losses of EGP 74.85 million and posted sales worth EGP 8.9 million.

Mubasher Contribution Time: 02-Aug-2021 10:15 (GMT)
Mubasher Last Update Time: 02-Aug-2021 10:15 (GMT)