Cairo – Mubasher: Misr Chemical Industries posted a decline of 67% in net profits for the first quarter of 2016 – 2017.
The company reported net profits of EGP 2.82 million for Q1, down from EGP 8.58 million for the same period of the preceding year.
The company’s net earnings for Q1 missed its earlier estimates of EGP 9.73 million.
