Misr Chemical Industries posts 38% profit drop in 11M

Cairo – Mubasher: Misr Chemical Industries posted a 37.6% year-on-year profit decline during the first 11 months of fiscal year 2018/2019.  

Net profits totalled EGP 82.5 million from July 2018 to last May, compared to EGP 132.39 million in the year-ago period, the company said in a statement to the Egyptian Exchange (EGX) on Tuesday. 

During the first ten months of FY18/19, the Egyptian firm logged a profit of EGP 77.71 million from EGP 122.5 million in the same period a year earlier.

Mubasher Contribution Time: 02-Jul-2019 11:50 (GMT)
Mubasher Last Update Time: 02-Jul-2019 11:54 (GMT)