Cairo – Mubasher: Egyptian Starch and Glucose posted on Wednesday a year-on-year decline of 51% in its profits for the first half of fiscal year 2016/2017.
Profits reached EGP 12.89 million in H1-16/17, compared to EGP 26 million for H1-15/16, according to a bourse filing.
Sales increased in H1-16/17 to EGP 487.37 million from EGP 289.57 million in H1-15/16.
