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Misr Chemical Industries profits down 35% in 7 months

Misr Chemical Industries profits down 35% in 7 months
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Cairo – Mubasher: The board of Misr Chemical Industries approved the financial statements for the first seven months of 2015/16 in which net profits dropped 34.79% year-over-year to EGP 11.7 million from EGP 17.95 million.

The company’s profits for the first half of 2015/16 slipped by 24.1% to EGP 11.1 million, from EGP 14.6 million.