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Sheeni profits grow 73% in 4 months

Sheeni profits grow 73% in 4 months
Photo Credit: Arabianeye - Reuters
Sheeni
PRCL
-8.00% 9.31 -0.81

Cairo – Mubasher: General Company for Ceramic and Porcelain Products (Sheeni) posted an increase of 73% in net profits for the first nine months of the fiscal year 2015/16.

The company saw net profits of EGP 7.9 million in this four-month period, up from EGP 4.5 million a year earlier.

The company's net earnings surged 71.83% to EGP 21 million in Q1-FY15/16, up from EGP 27.22 million for the same period of the previous year.