Rakta Paper Manufacturing (RAKT)

Last update: 28 April 01:27 PM market time.

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Open 25.16

Previous Close 25.16

High 25.26

Low 24.40

Stock Statistics

Volume 8,611

Turnover 211,356.52

All data are 15 minutes late during market session

News

Photo Archive

30 January 2022 04:13 PM Rakta Paper turns to profitability in H1-FY21/22

Cairo – Mubasher: Rakta Paper Manufacturing achieved net profits after tax of EGP 397.80 million during the first six months (6M) of fiscal year (FY) 2021/2022, against losses of EGP 46.09 million during the year-ago period. Revenues declined by …

Financial Results

The land plot spans over an area of 329,143.93 square metres

21 September 2021 00:00 PM Rakta inks final deal to sell land plot for EGP 447.7m

Cairo – Mubasher: Rakta Paper Manufacturing has signed the final deal to sell a land plot over an area of 329,143.93 square metres (sqm) in Alexandria to the Egyptian General Petroleum Corporation (EGPC). The land plot has been sold for EGP 447.76 …

The sales slid to EGP 10.1 million in the year ended 30 June

5 September 2021 01:21 PM Rakta's loss narrows 21% in FY20/21 modified financials

Cairo – Mubasher: Rakta Paper Manufacturing incurred net losses of EGP 98.277 million in fiscal year (FY) 2020/2021, down by 21% year-on-year (YoY) from EGP 124.64 million, the modified financial results showed. The sales slid to EGP 10.1 million …

Financial Results

Sales amounted to EGP 10.1 million in FY20/21

2 August 2021 01:15 PM Rakta Paper incurs EGP 97m losses in FY20/21

Cairo – Mubasher: Rakta Paper Manufacturing registered net losses of EGP 97.11 million during the fiscal year (FY) from 1 July 2020 to 30 June 2021. Sales amounted to EGP 10.1 million in FY20/21, according to a bourse statement on Monday. As for …

Financial Results

Revenues plunged to EGP 495,000 in the July-December period

26 January 2021 00:06 PM Raka Paper's loss narrows 9% in H1-20/21

Cairo – Mubasher: Rakta Paper Manufacturing Company incurred net losses of EGP 46.09 million in the first half (H1) of fiscal year 2020/2021, down by 9% year-on-year (YoY) from EGP 50.63 million, the unaudited financial results showed. Revenues …

Financial Results

Rakta incurred net losses of EGP 124.64 million in FY19/20

14 October 2020 05:35 PM Rakta Paper inks consulting deal with India’s C2C

Cairo – Mubasher: Rakta Paper Manufacturing Company signed a technical consulting agreement with India’s C2C Consultancy. Under the agreement, the company aims to upgrade its factories with the consultation of the Indian firm, according to a …

Revenues dropped to EGP 18.6 million in Q1-19/20

30 October 2019 01:31 PM Rakta Paper incurs EGP 27.8m losses in Q1-19/20

Cairo – Mubasher: Rakta Paper Manufacturing Company reported a 19% year-on-year increase in losses at EGP 27.8 million during the first quarter of the fiscal year 2019/2020, compared to EGP 23.4 million a year earlier. Revenues dropped to EGP …

Financial Results

Revenues dipped to EGP 138.62 million

1 September 2019 02:38 PM Rakta Paper Manufacturing’s losses balloon in FY18/19

Cairo – Mubasher: Rakta Paper Manufacturing’s modified financial results showed a 48.8% year-on-year rise in its losses during fiscal year 2018/2019. The company’s net losses surged to EGP 123.26 million from July 2018 to last June, compared to …

Financial Results

Sales retreated to EGP 137 million

30 July 2019 03:30 PM Rakta Paper’s FY18/19 unaudited financials show EGP 122.6m losses

Cairo – Mubasher: Rakta Paper Manufacturing reported a 48% year-on-year increase in its losses during fiscal year 2018/2019, according to the company's unaudited financial results. The company suffered losses of EGP 122.6 million in the …

Financial Results

Rakta reported net losses of EGP 80.73 million in 9M

8 May 2019 11:32 AM Rakta denies capital raise for financing 4 projects

Cairo – Mubasher: Rakta Paper Manufacturing denied media reports stating that it is planning a capital increase to finance four projects at a cost of EGP 450 million. No statements have been made concerning such plans, Rakta said in a filing to …

Rakta reported net losses of EGP 80.73 million in 9M

7 May 2019 00:28 PM EGX suspends trading on Rakta Paper’s stock

Cairo – Mubasher: The Egyptian Exchange (EGX) on Tuesday announced the suspension of trading on Rakta Paper Manufacturing’s stock. The suspension will remain in force until the firm responds to the stock market's inquiries concerning published …

Trading Activities

Sales stood at EGP 104.8 million at the end of March

24 April 2019 01:37 PM Rakta Paper incurs EGP 80.7m losses in 9M

Cairo – Mubasher: Rakta Paper Manufacturing has suffered a net loss of EGP 80.73 million in the first nine months of fiscal year 2018/2019, up 54.4% year-on-year from EGP 52.28 million. The increase in losses during the nine-month period was …

Financial Results

The decision becomes effective as of 18 April

18 April 2019 01:47 PM EGX suspends trading on Rakta Paper’s stock

Cairo – Mubasher: The Egyptian Exchange (EGX) on Thursday has suspended trading on Rakta Paper Manufacturing’s stock until the firm publishes the decisions of its general assembly meeting held on 17 April. The suspension becomes effective as of …

Trading Activities

Photo Credit: Arabianeye-Reuters

30 April 2017 01:17 PM Rakta widens losses by 37% in 9M

Cairo - Mubasher: The financial indicators of Rakta Paper Manufacturing showed a rise in losses during the nine-month period that ended 31 March by 36.5% year-on-year, according to a bourse filing. The company said in a statement to the Egyptian …

Financial Results

(Photo credit: Arabianeye - Reuters)

6 April 2017 10:36 AM Rakta OGM approves estimated budget for FY17/18

Cairo – Mubasher: Rakta Paper Manufacturing’s ordinary general meeting (OGM) has adopted the estimated budget draft for fiscal year 2017/2018. The company plans to trim its losses in FY17/18 to EGP 22.04 million, compared to an estimated loss of …

Financial Results

Photo Credit: Arabianeye-Reuters

26 March 2017 06:32 PM Rakta posts EGP48m losses in 8M

Cairo - Mubasher: Rakta Paper Manufacturing reported losses of EGP 48.09 million during the eight-month period that ended on 28 February 2017, according to a bourse filing. The company said in a statement to the Egyptian Exchange (EGX) on Sunday …

Financial Results

Sales are targeted at EGP 379.9 million in the next fiscal year (Photo credit: Arabianeye - Reuters)

12 March 2017 10:37 AM Rakta targets 24% lower losses in 2017/18

Cairo – Mubasher: Rakta Paper Manufacturing said Sunday that it has adjusted its estimated budget draft for fiscal year 2017/2018 with a target loss of EGP 22.04 million, 24.5% lower than estimated losses worth EGP 29.2 million for FY16/17. Sales …

Financial Results

(Photo Credit: Arabianeye-Reuters)

27 February 2017 06:20 PM Rakta seeks to trim losses to EGP 24m in 2017/2018

Cairo – Mubasher: Rakta Paper Manufacturing on Monday said that its board has approved the proposed budget estimate for fiscal year 2017/2018, which targets a reduction in losses by 19.52%. The board aims to trim the company’s net losses to EGP …

Companies Investments

Losses amounted to EGP 5.9 million in January 2017 (Photo credit: Arabianeye - Reuters)

26 February 2017 11:04 AM Rakta January losses shrink 24%

Cairo – Mubasher: Rakta Paper Manufacturing Company posted on Sunday a month-on-month decrease of 24% in its losses during January. Losses amounted to EGP 5.9 million in January 2017, compared to EGP 7.8 million in December 2016, according to a …

Financial Results

Adjusted losses amounted to EGP 22.42 million in Q2-16/17 (Photo credit: Arabianeye - Reuters)

5 February 2017 01:22 PM Rakta posts EGP 22.4m adjusted losses

Cairo – Mubasher Rakta Paper Manufacturing Company’s adjusted unaudited financial statements showed a 78.9% increase in its losses for the second quarter of the fiscal year 2016-17. Adjusted losses amounted to EGP 22.42 million in Q2-16/17, …

Financial Results

(Photo credit: Arabianeye - Reuters)

29 January 2017 00:26 PM Rakta suffers EGP 20m losses in Q2

Cairo – Mubasher: Rakta Paper Manufacturing Company reported on Sunday a loss of EGP 20.1 million for the second quarter of the fiscal year 2016-2017, against a profit of EGP 1.3 million for Q215/16. In the first half of fiscal 2016/17, losses …

Financial Results

Rakta logs EGP 28.68m losses in five months

2 January 2017 11:10 AM Rakta logs EGP 28.68m losses in five months

Cairo – Mubasher: Rakta Paper Manufacturing said its financial statements for the first five months of the fiscal year 2016 – 2017 have reflected losses of EGP 28.68 million. The company also stated that it suffered losses of EGP 7.89 million at …

Financial Results

Rakta suffers EGP4.49m losses in October

29 November 2016 02:43 PM Rakta suffers EGP4.49m losses in October

Cairo – Mubasher: Rakta Paper Manufacturing logged losses of EGP 4.49 million for October 2016, compared with EGP 5.53 million for the same period of the previous year. The company also stated that it posted EGP 20.7 million in losses for the …

Financial Results

Rakta adjusted financial results for Q1 reflect EGP16.3m in losses

23 November 2016 01:42 PM Rakta adjusted financial results for Q1 reflect EGP16.3m in losses

Cairo – Mubasher: Rakta Paper Manufacturing said its adjusted financial results for the first quarter of the fiscal year 2016 – 2017 have reflected losses of EGP 16.3 million, up 28.6% y-o-y. The company posted EGP 12.6 million in losses for the …

Financial Results

Rakta losses widen 21% in Q1

30 October 2016 01:45 PM Rakta losses widen 21% in Q1

Cairo – Mubasher: Rakta Paper Manufacturing said its losses widened by 21% for the first quarter of the fiscal year 2016/17. The company posted losses of EGP 15.3 million in Q1-FY16/17, up from EGP 12.7 million for the same period a year earlier. …

Financial Results