Cairo – Mubasher: Chemical Industries Holding Company’s ordinary general meeting (OGM) has adopted the estimated budget for fiscal year 2017/2018, with a target profit of EGP 382 million.
The company seeks to achieve revenues worth EGP 665 million in FY17/18, with a growth of 4.8% year-on-year, a bourse filing said on Monday.
Profits from subsidiaries are targeted at EGP 1.5 billion in FY17/18, 84.9% up from profits gained in FY15/16.
