Arabia Cotton Ginning

ACGC is engaged in cotton, seed, and edibles farming and trading, manufacture of fertilizers and pesticides, manufacture and trade in natural and artificial fibers and yarns, purchase, lease and management of agricultural land, and investment in companies operating within the same sector.. Holds 52% stake in El-Nasr Clothes and Textiles. Owns 60% of Modern Nile Cotton and a majority stake in Alexandria Spinning and Weaving. Operates second largest ginning facility in Egypt. 14 ginning and pressing mills. Currently gin 339k cantars of cotton per annum.
Financial Performance:
Like other textile companies, the uprising brought about logistical disruptions. In ACGC.s case, this meant a temporary cessation of operations, however, no incurred damages were reported during the unrest. In 1H10/11 financials, ACGC.s net profits jumped to EGP56.2mn up from EGP20.7mn a year ago.