Delta Sugar
SUGR
SUGR
The board of Delta Sugar Co. approved delisting the company’s stock voluntarily from the Egyptian Exchange (EGX).
An extraordinary general meeting will be held to look into the decision.
Financial indicators for the six-month period that ended on June 30, 2014 had shown that net profit declined by 4% to EGP 140.1 million, from EGP 145.7 million in the same period a year earlier.
The company’s H1 sales amounted to EGP 584.2 million, compared with EGP 688.8 million in H1-13.
Q1 net profit had reached EGP 51.6 million, with a fall by 15.3% y/y from EGP 60.9 million.
An extraordinary general meeting will be held to look into the decision.
Financial indicators for the six-month period that ended on June 30, 2014 had shown that net profit declined by 4% to EGP 140.1 million, from EGP 145.7 million in the same period a year earlier.
The company’s H1 sales amounted to EGP 584.2 million, compared with EGP 688.8 million in H1-13.
Q1 net profit had reached EGP 51.6 million, with a fall by 15.3% y/y from EGP 60.9 million.
Source:
Mubasher
