Rakta suffers loss

General Company for Paper Industry (Rakta) (RAKT) incurred a net loss during the July-February period of the fiscal year 2020/2021

  

ArabFinance: General Company for Paper Industry (Rakta) (RAKT) incurred a net loss of EGP 69.31 million during the July-February period of the fiscal year 2020/2021, the company stated in a filing to the Egyptian Exchange on March 30th.

In February, the company’s loss stood at EGP 15.13 million.

The listed company incurred a net loss of EGP 8.08 million during the July-January period of FY 2020/2021.

Rakta is an Egypt-based public shareholding company engaged in the production and distribution of printing and wrings papers, and multi-layered duplexes carton papers.

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