June 10, 2021

Mansoura Poultry sees change in shareholding structure


ArabFinance: Mansoura Poultry Copmpany (MPCO) announced that Mohamed Abdel Nasser Hamed increased his stake in the company via buying 410,000 shares at EGP 8.911 million, the company said in a filing to the Egyptian Exchange on June 9th.

Hamed’s stake grew to 5.049% from 3.20%.

The listed company’s net profit soared to EGP 20.245 million in 2020, compared to EGP 326,731 in 2019.

Mansoura Poultry is an Egypt-based public shareholding company specialized in poultry farming and its related activities. The firm produces poultry products for breeding purposes for the production of hatching eggs and day-old chicks.

arabfinance


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