Arab Finance: Company announced Universal for the manufacture of packaging materials and paper – Unipack – (UNIP)announced the results of its business during the period from 01/01/2024 to 09/30/2024, which showed achieving a net profit. assembly It amounted to 87,970,632 pounds, compared to the company achieving a net profit of 20,893,587 pounds during the period from 01/01/2023 to 09/30/2023.
In the same context, the company achieved a net profit independent For the period from 01/01/2024 to 09/30/2024, it was estimated at approximately 87,970,369 pounds, compared to a net profit of 20,893,587 pounds, during the comparative period of the previous fiscal year.
It is worth noting that the net profits or losses for the year are calculated according to the share of owners of the parent company.
About the results of its consolidated and unconsolidated operations for the financial period ending on 06/30/2024, which showed achieving a net profit. assembly It amounted to 31,415 million pounds, compared to a combined net profit of 12,753 million pounds for the same period of the previous year.
The results for the financial period ending on 03/31/2024 also showed a net profit independent It amounted to 21,424 million pounds, compared to an independent net profit of 12,753 million pounds for the same period of the previous year.
The company was founded in 1980, and the factory in 10th of Ramadan City began its actual production in 1986. The purpose of establishing the factory was to produce self-adhesive products of all kinds in accordance with international specifications and to market these products locally and abroad. Its production capacity is estimated at about 10 million square meters annually, and as a result Due to the company's success, continuous progress and desire for growth, a new factory was established to produce corrugated cardboard used in packaging, which began actual production in 1994 and its capacity is estimated at about 24 thousand tons annually.
Related news
