Cairo – Mubasher: The consolidated results of Domty showed that Q3 profits slid 71% year-on-year to EGP 10.2 million from EGP 35.34 million, according to a bourse statement on Wednesday.
In the first nine months, the dairy producer earned EGP 54.9 million, lower 43.6% from EGP 97.4 million for the year-ago period.
Meanwhile, the standalone results indicated that Q3 net profits period stood at EGP 9.3 million, thus registering a 72.9% profit decline compared with EGP 34.4 million for Q3-2015.
Over the first nine months, the company registered a 44.8% profit decrease to EGP 52.35 million from EGP 94.9 million for the first nine months of 2015.
The stock quote was placed at EGP 7.69 with a 2.04% fall on Tuesday.
