Delta for Printing's profits hike 89.1% during 2020

CAIRO – 7 February 2021: Delta for Printing and Packaging’s (DTPP) profits during 2020 jumped 89.1 percent, to reach LE 37.08 million, compared to LE 19.6 million in 2019.

The company’s financial indicators revealed that sales hiked to 245.49 million, up from LE 216.1 million in prior year.

The company attributed the increase in net profit during 2020 to an increase in its sales by 13.5 percent, and the fact that Delta Printing donated products, expanded in the local market, adding new customers, updating and adding to the company's assets.

DTPP achieved profits of LE 24.64 million during the period from January to September of 2020, compared to LE 11.56 million pounds in the comparative period of 2019.

The company's revenues increased during the nine months of 2020  to LE  171.95 million, compared to revenues of LE 156.12 million in the same period of 2019.

Established in 2002, Delta for Printing & Packaging operates within the materials sector focusing on paper packaging.