Cairo – Mubasher: The General Company for Ceramic and Porcelain Products (Sheeni) said Tuesday that its board of directors has approved to adjust the budget draft for fiscal year 2017/2018, with a target profit of EGP 29.6 million.

The company plans to achieve an investment budget of EGP 4 million during FY17/18, according to a bourse statement.

The company’s stock fell on Monday by 2.89% to EGP 3.69.