Cairo – Mubasher: General Company for Ceramic and Porcelain Products (Sheeni) posted net losses of EGP 14.6 million during the first quarter (Q1) of fiscal year (FY) 2021/2022 

The company reported a 26.1% year-on-year (YoY) increase in the July-September period in the current fiscal year, compared to EGP 11.57 million in the year-ago period, according to a bourse filing on Sunday.

It is noteworthy to mention that in FY20/21, Sheeni incurred net losses of EGP 15.68 million, down by 71% from EGP 54.3 million in the earlier year.