Mansoura Poultry announces 2019 financial results

12 Mar 2020

ArabFinance: Mansoura Poultry announces reported net profits of EGP 326,731 in 2019, compared to incurring net losses of EGP 12,038,452 in 2018.

The company called for holding an ordinary general assembly's meeting on April 04 to review the financial results and utilizing EGP 945,565 from reserve and EGP 10,723,957 from legal reserve to cover loss carryover.

In January 2019, the extraordinary general assembly approved amending the company's purpose, adding production and commercialization activities of vaccines, veterinary medicines, and natural herbs.

Established in 1983 and listed in 1995, the company operates within the Food, Beverage and Tobacco sector focusing on Agricultural Products. It has a subsidiary operating across Egypt, working on Packaged Foods and Meats.

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