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Delta Sugar swings to profits in 9M initial financials

Delta Sugar swings to profits in 9M initial financials
The sales increased to EGP 2.49 billion in the January-September period
Delta Sugar
SUGR
-0.51% 46.60 -0.24

Cairo – Mubasher: Delta Sugar turned to net profits of EGP 411.6 million in the first nine months of 2021, against net losses of EGP 62.25 million in the prior-year period, the unaudited financial results showed. 

The sales increased to EGP 2.49 billion in the January-September period of 2021, compared to EGP 2.26 billion in the corresponding period a year earlier, the company said in a bourse disclosure on Monday. 

In the first half (H1) of 2021, the company reported net profits of EGP 343.89 million, up from EGP 52.13 million in H1-20.