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Delta Printing 9M profit falls 33% to EGP10m

Delta Printing 9M profit falls 33% to EGP10m
The board of Delta Printing & Packaging Co. endorsed financial indicators for the nine-month period that ended on September 30, 2014, mirroring EGP 10 million net profit, representing a decline by 33.3% compared with EGP 15 million net profit in the same period a year earlier.
Total revenues amounted to EGP 74 million, compared with EGP 74.5 million in the first nine months of FY13.
Financial indicators for the six-month period that ended on June 30, 2013 showed that net profit fell 36% to EGP 6.7 million from EGP 10.5 million in the same period a year earlier.
H1 total sales amounted to EGP 47.3 million, compared with EGP 50.7 million in H1-13.
The company had posted a 42% profit decline in Q1 to EGP 2.8 million from EGP 4.8 million.