The board of Arab Engineering Industries endorsed unaudited non-consolidated financial indicators for the nine-month period that ended on September 30, 2014.
The indicators showed EGP 4.6 million net profit, representing a drop by 37% compared with EGP 7.3 million in the same period a year earlier.
Total revenues for the nine-month period amounted to EGP 27 million, compared with EGP 31.3 million in the first nine months of FY13.
The company had posted EGP 3.3 million net profit for H1-14, with a fall by 39% compared with EGP 5.4 million in the same period a year earlier.
FY13 net profit had amounted to EGP 8.042 million, with 11% decline compared with EGP 9.049 million in FY12.