Mubasher TV
Contact Us Advertising   العربية

Sheeni eyes EGP17.6m pretax profit in FY15/16

Sheeni eyes EGP17.6m pretax profit in FY15/16
Photo Credit: Arabianeye-Reuters
Sheeni
PRCL
-1.26% 9.41 -0.12

General Company for Ceramic and Porcelain Products (Sheeni) is targeting EGP17.6 million pretax profit in the fiscal year 2015/2016 , it said a bourse statement.

Sheeni aims for EGP288 million in total investments , according to the estimated budget for 2015/2016, compared with EGP281 million earmarked at the previous fiscal year's budget.

The company has posted EGP7.8 million profits for the first half of 2014/2015 compared, with EGP15.2 million for the corresponding period in the previous year , down by 49%.