Cairo - Mubasher: The financial indicators of Misr Chemical Industries showed a decrease in profits in the eleven-month period that ended on 31 May 2017 by 34% year-on-year.
The company said in a statement to the Egyptian Exchange (EGX) on Wednesday that profits reached EGP 17.39 million between July 2016 and May 2017 compared to EGP 26.5 million in the same period last year.
Misr Chemical Industries previously reported a 49% drop in profits during the ten-month period that ended 31 April 2017 to EGP 12.23 million from EGP 24.07 million during the same period in the year before.
