Cairo – Mubasher: Sidi Kerir Petrochemicals posted EGP 421.8 million in net profits for the first half of 2015, a decline of 12.23% from EGP 480 million for the same period of the previous year.

Meanwhile, the company's revenues reached nearly EGP 1.3 billion in H1-FY15, compared with EGP 1.4 billion for the corresponding period of 2014.

The Egyptian listed firm registered a decrease of 27% to EGP 167 million in net profits for the first quarter of 2015, compared with EGP 229 million for the same period of the preceding year.