Mubasher TV
Contact Us Advertising   العربية

Sheeni profit slips 49% in H1

Sheeni profit slips 49% in H1
Photo Credit: Arabianeye-Reuters
Sheeni
PRCL
3.45% 11.71 0.39

The General Company for Porcelain & Ceramics Products (Sheeni) posted financial indicators for the six-month period that ended on December 31, 2014.

These indicators showed EGP 7.8 million net profit after tax, with 49% fall compared with EGP 15.2 million net profit in the same period a year earlier.

The company’s revenues totaled EGP 78.6 million, compared with EGP 92.6 million.

Q1-14/15 net profit had declined by 47% year-over-year to EGP 3.451 million.

Photo Credit: Arabianeye-Reuters