Latest news with #MPCO
Zawya
21-05-2025
- Business
- Zawya
Egypt: Mansourah Poultry buys poultry farm for $629,693
Arab Finance: Mansourah Poultry (MPCO) has signed a contract to purchase a poultry farm in the East Nubaria area for EGP 31.40 million, according to a bourse disclosure issued on May 20 th. The project covers an area of 52,474 square meters in the Nubaria area, with an expected investment cost of EGP 100 million until the beginning of the operation. Mansourah Poultry aims to expand its production capacity of broiler activities from 2 million birds to 4.8 million birds annually, marking an expected leap of 140%. This will enable the EGX-listed firm to anchor its position in the market, raise market share, and boost revenues. In 2024, Mansourah Poultry recorded 42.39% year-on-year (YoY) higher consolidated net profits attributable at EGP 152.717 million, compared with EGP 107.229 million. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
24-04-2025
- Business
- Zawya
Egypt: Mansourah Poultry's consolidated profits increase 42.4% YoY in 2024
Egypt - Mansourah Poultry (MPCO) posted 42.39% year-on-year (YoY) higher consolidated net profits attributable at EGP 152.717 million in 2024, according to the financial results. The recorded net profits were compared with the recorded EGP 107.229 million in 2023. Earnings per share (EPS) increased to EGP 0.244 last year from EGP 0.220 at the end of December 2023. The company generated revenues valued at EGP 755.483 million in 2024, an annual rise from EGP 497.532 million. As for the standalone earnings, the net profits climbed to EGP 152.951 million from EGP 107.229 million. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
