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(2017-03-29) Univert Food Industries forecasts turns into loss ending 2016
Univert Food Industries (UNFO) announced in a statement sent to EGX, the Board was convened on March 28.
The Board approved the unaudited financial results, which revealed incurring net losses of LE15.708 million, against posting net profits of LE3.008 million a year ago, representing 622.07% decrease.
The EGP floatation had a positive impact of LE1,071,217 on Fiscal year results.