Misr Chemical’s profits down 54% in two months

Cairo – Mubasher: Misr Chemical Industries reported a 53.7% slide in its profits during last July and August, according to a bourse filing on Monday.

The company registered EGP 2.93 million profits by the end of August 2016, compared with EGP 6.33 million for the year-ago period.

Over the fiscal year ended on 30 June 2016, net profits declined 20% to EGP 28.8 million. 

Mubasher Contribution Time: 03-Oct-2016 08:10 (GMT)
Mubasher Last Update Time: 03-Oct-2016 08:10 (GMT)