Cairo – Mubasher: General Company for Ceramic and Porcelain Products (Sheeni) said its unaudited financial statements have reflected an increase of 74.5% in net profits for the first five months of the fiscal year 2015/16.
The firm reported net profits of EGP 8.9 million in this five-month period of FY15/16, up from EGP 5.1 million for the same period of FY14/15.
The company's net earnings surged 71.83% to EGP 21 million in Q1-FY15/16, up from EGP 27.22 million for the same period of the previous year.