Cairo – Mubasher: Sidi Kerir Petrochemicals’ profits for the first quarter of fiscal year 2017 declined 1.38% to EGP 214 million, compared to EGP 217 million for Q1-16.
However, sales increased in Q1-17 to EGP 1.128 billion from EGP 629 million in Q1-16, according to a bourse filing released on Thursday.
The company had earlier reported a net profit of EGP 1.422 billion for FY16.
