Egypt for Poultry Says Q1 Losses Hit EGP 1.2 Mln

Egypt for Poultry (EPCO.CA) reported a net loss of EGP 1.169 million according to its consolidated financial statements for the first quarter of 2012 which started on 01/04/2012 and ended on 30/06/2012. The company had posted a year earlier a net profit of EGP 163.082 thousand.
Sales for Q1/2012 hiked to EGP 7.418 million, compared to EGP 5.168 million during Q1/2011.
Meanwhile, the standalone financial statements for Q1/2012 revealed a net loss of EGP 1.155 million, compared to a net profit of EGP 226.179 thousand through Q1/2011.