Cairo – Mubasher: Universal for Paper and Packaging Materials (Unipack) achieved net profits worth EGP 5.39 million in the first quarter (Q1) of 2021, marginally higher than EGP 5.32 million in Q1-20.

Revenues grew to EGP 122.11 million in the first three months of 2021 from EGP 97.4 million in Q1-20, according to a bourse disclosure on Sunday.

During the full year 2020, Unipack recorded net profits of EGP 10.86 million, compared to EGP 25.37 million in 2019.