Egypco shareholders ratify authorized capital cut

The listed company registered a consolidated net loss after tax


ArabFinance: Egypt for Poultry Company’s (Egypco) extraordinary general assembly approved on April 7th, the authorized capital cut to EGP 946 million from EGP 425.7 million, according to the company’s statement filed to the Egyptian Exchange.

The listed company registered a consolidated net loss after tax of EGP 2.58 million during the three months ended on September 30th, 2020.

Egypco is a public shareholding company that operates in the food processing industry. It manages poultry farms and slaughterhouses and is engaged in land reclamation and agricultural activities, as well as cattle and fish product manufacturing.

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