Home The WatchIndices news Egypt for Poultry Says Q1 Losses Hit EGP 1.2 Mln

Egypt for Poultry Says Q1 Losses Hit EGP 1.2 Mln

by Yomna Yasser

Egypt for Poultry (EPCO.CA) reported a net loss of EGP 1.169 million according to its consolidated financial statements for the first quarter of 2012 which started on 01/04/2012 and ended on 30/06/2012. The company had posted a year earlier a net profit of EGP 163.082 thousand.
Sales for Q1/2012 hiked to EGP 7.418 million, compared to EGP 5.168 million during Q1/2011.
Meanwhile, the standalone financial statements for Q1/2012 revealed a net loss of EGP 1.155 million, compared to a net profit of EGP 226.179 thousand through Q1/2011.

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