Misr Chemical Industries profits down 93.5% in 8M

Cairo – Mubasher: Misr Chemical Industries said Sunday that its profits for the first eight months of fiscal year 2016/2017 declined by 93.5% to EGP 890,000, compared to EGP 13.7 million for the same period in FY15/16, according to a bourse filing.

The company earlier posted a net profit of EGP 1.78 million for the first half of FY16/17.

The stock shrank on Thursday by 3.71% to EGP 7.26.

Mubasher Contribution Time: 26-Mar-2017 07:58 (GMT)
Mubasher Last Update Time: 26-Mar-2017 07:59 (GMT)