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EGY-STONE H1 profit drops 12% to EGP141 THD

EGY-STONE H1 profit drops 12% to EGP141 THD
EGYSTONE
MISR
-3.81% 5.25 -0.20
The board of Egypt Intercontinental for the manufacture of granite and marble (EGY-STONE) approved financial indicators for H1 that ended on June 30, 2014, showing that net profit fell 11.6% to EGP 141.1 thousand, compared with EGP 159.5 thousand in the same period a year earlier.
The company’s Q1 net profit had amounted to EGP 107 thousand, with a decline by 51% compared with EGP 218 thousand net profit in Q1-13.