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Universal for Paper records EGP 9.7m annual profits

Universal for Paper records EGP 9.7m annual profits
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Unipack
UNIP
-67.72% 0.29 -0.62

Cairo – Mubasher: Universal for Paper and Packaging Materials saw a rise of FY15 net profits by 1,163% year-over-year to EGP 9.76 million from EGP 773,400.

The company’s ordinary general meeting will be held on 28 March for approving 2015 financial statements and the yet-to-be revealed cash dividends.

In the first nine month of 2015, the company earned EGP 4.67 million, compared to EGP 2.36 million for the year-ago period.