Cairo – Mubasher: Cairo Poultry’s profits for the first quarter of 2016 increased by19.3% year-on-year to EGP44.43 million ($4.99 million) from EGP37.25 million ($4.18 million), the consolidated statements revealed.
Meanwhile, the standalone statements indicated that Q1-16 profits declined to EGP98.23 million, 24.7% down from EGP130.39 million for the year-ago period.
Today, the Egyptian Exchange suspended trading on the company’s stock till the disclosure of B o D report.
At 1:10pm Cairo time, the stock quote moved up by 0.15% to EGP6.74 on Tuesday.
