Cairo – Mubasher: Acrow Misr for Scaffolding and Formwork posted a decline of 35.4% in net profits for the second quarter of 2016.
The Egyptian listed firm saw profits of EGP 25.94 million ($2.9 million) compared with EGP 40.14 million ($4.5 million) for the same period a year earlier.
As for the first half of 2016, the firm profits slide 10.3% to EGP 67.52 million ($7.6 million).
