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Cairo Poultry sees EGP 871m block-trading deal

Cairo Poultry sees EGP 871m block-trading deal
The deal included the 256.068 million shares
Cairo Poultry
POUL
-7.13% 7.16 -0.55

Cairo – Mubasher: The Egyptian Exchange (EGX) announced a block-trading transaction worth EGP 870.634 million on the shares of Cairo Poultry, a statement showed on Tuesday. 

The deal included the trading of 256.068 million shares for EGP 3.4 apiece, according to data compiled by Mubasher. 

During the first half (H1) of 2021, the company registered net profits of EGP 80.19 million, compared to EGP 78.3 million in H1-20, including minority shareholders' rights. 

The sales grew to EGP 2.42 billion in the January-June period, compared to EGP 2.04 billion in the year-ago period.