Sheeni profits grow 71.85% in Q1

Cairo – Mubasher: General Company for Ceramic and Porcelain Products (Sheeni) released its financial results for the first quarter of the fiscal year 2015/16, which reflected net profits of EGP 5.93 million, up 71.83% from EGP 3.45 million a year earlier.

The company's net profits reached EGP 1.33 million in July, compared with EGP 585,000 for the same month of the previous year.

Earlier, the firm said it posted net profits of EGP 21 million in the fiscal year 2014/15, down from EGP 27.22 million for the previous year.

Mubasher Contribution Time: 11-Nov-2015 14:19 (GMT)