ArabFinance: The ordinary general meeting (OGM) of Arab Cotton Ginning Company (ACGC) has endorsed the board of directors report for the period ended June 30th, 2021, according to a statement filed to the Egyptian Exchange (EGX).

Moreover, the OGM approved the company's standalone and consolidated financial statements for the fiscal year (FY) 2020/2021.

The OGM also agreed on the signing of netting contracts for FY 2021/2022.

ACGC is an Egypt-based company active in the textiles and clothing industry sector. The company is engaged in the cotton ginning, as well as trading of its products domestically and internationally.

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