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Sharkia National Food sheds EGP 8.1m in 2015

Sharkia National Food sheds EGP 8.1m in 2015
Photo Credit: Arabianeye - Reuters
Sharkia National Food
SNFC
0.00% 2.23 0.00

Cairo – Mubasher: Sharkia National Food posted Thursday that its unaudited financial results for the period ended 31 December 2015 turned unprofitable as net loss reached EGP8.1 million, compared to EGP2.26 million in 2014.

The company registered EGP2.5 million as net profits for the first nine months ended 30 September 2015, compared to EGP2.46 million the year-ago period.

The company operates with 81.9 million distributed over 16.4 million shares at a par value of EGP5.