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Delta Sugar turns to profitability in 2021

Delta Sugar turns to profitability in 2021
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Delta Sugar
SUGR
-4.35% 48.78 -2.22

Cairo – Mubasher: Delta Sugar has achieved net profits of EGP 394.21 million in 2021, against net losses of EGP 253.95 million in the year-ago period.

The company recorded revenues of EGP 3.241 billion by the end of last year, compared to EGP 3.242 billion in 2020, according to a recent bourse filing.

It is noteworthy to mention that during the January-September period in 2021, Delta Sugar recorded a net profit of EGP 411.6 million, compared to losses of EGP 62.25 million during the same period last year.