Cairo – Mubasher: Arab Dairy Products reported a decline of 77% for the second quarter of 2016.
The dairy producer saw net profits of EGP 320,700 ($36,000) for Q2-2016, down from EGP 1.38 million ($155,000) for the same period of the previous year.
Meanwhile, the company reported sales revenues of EGP 143 million for Q2-2016, up from EGP 142.5 million for the comparable period of the preceding year.
