El Badr Plastic posts 63.6% YoY loss decline in 12M

Cairo – Mubasher: El Badr Plastic has reported a 63.6% year-on-year loss decline during 2018, recording EGP 378,520.

The company’s net sales went down to EGP 2.82 million last year, compared to EGP 5.7 million a year earlier, according to a bourse statement released on Wednesday.

On the other hand, the cost of sales decreased to EGP 2.66 million in 2018 versus EGP 5.36 million in 2017.

The Egypt-listed company’s turned to profits in the third quarter of 2018, registering EGP 1.18 million in profit.

Mubasher Contribution Time: 03-Apr-2019 20:15 (GMT)
Mubasher Last Update Time: 03-Apr-2019 20:15 (GMT)