Cairo – Mubasher: Suez Canal Company for Technology Settling posted a decline of 25.4% in net profits for the fiscal year ended 31 August 2015.
The company’s profits stood at EGP 120.62 million in 2015, down from EGP 161.61 million in the previous year.
Meanwhile, the company’s revenues reached EGP 105.1 million in 2015, compared with EGP 105 million in the preceding year.
Previously, the firm said its profits declined 33.13% to EGP 99.7 million for the nine-month period ended 31 May 2015.
