Badr Plastic Says H1/2012 Net Profits Hit EGP 190.6 K

Badr Plastic Co. (EBDP) reported net profits of EGP 190.638 thousand for the first half of 2012. Noting that it had posted net profits of EGP 15.303 a year earlier.

Net sales hiked to reached EGP 3.377 million, compared to EGP 2.710 million.

Badr’s H1/2012 gross profits, after excluding the cost of sales, rose to hit EGP 665.565 thousand, compared to EGP 344.667 thousand during H1/2011.

Furthermore, the working capital has witnessed an increase during H1/2012 as it reached EGP 914.924 thousand, compared to EGP 515.753 thousand during H1/2011. Total equity also increased to reach EGP 4.299 million, compared to EGP 4.109 million.