|15 January, 2020

Ismailia Misr Poultry targets profit in 2020

Its profits declined in 2019

Cairo – Mubasher: Ismailia Misr Poultry aims to achieve a profit of EGP 11.52 million during 2020, according to the company’s budget plan.

The company is also looking to generate revenues of EGP 488.48 million during this year with estimated costs and expenditures of EGP 474.31 million, according to a bourse disclosure on Tuesday.

It is noteworthy that during the January-September period of 2019, Ismailia Misr Poultry logged a net profit of EGP 8.39 million, compared to EGP 8.64 million in the year-ago period, including minority shareholders’ rights.

Source: Mubasher

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