Cairo – Mubasher: The unaudited financial results of Sidi Kerir Petrochemicals showed that net profits for the fourth quarter of 2015 dropped 34% year-on-year to EGP177.3 million from EGP270.2 million the year-ago period.
The company’s annual profit for 2015 also fell 15.5% to EGP842 million, compared with EGP997 million last year.
During the first nine months of 2015, profits shrank to EGP664.98 million from EGP726.37 million in 2014.