KIMA's H1 profits decline 12% to EGP 25.6m

Cairo-Mubasher: Egyptian Chemical Industries (KIMA) reported net earnings of EGP 25.6 million for the first half of 2015/2016, down 12% compared with EGP 29.1 million in the same period a year ago.

The company's sales dropped to EGP 120.6 million from EGP 153.5 million in H1-14/15.

At 11:33am Cairo time, the stock fell 1.5% to EGP 3.3, recording a turnover of EGP 2 million.

 

Mubasher Contribution Time: 31-Jan-2016 09:40 (GMT)