Misr Chemical Industries record 34pct fall in profits


(MENAFN) The financial indicators of Misr Chemical Industries experienced a fall in revenues in the eleven-month period that ended on 31 May of this year by 34 percent year on year.

Accordingly, profits reached EGP17.39mn between July last year and May this year compared to EGP26.5mn in the same period of last year.

Previously, the firm recorded a 49 percent decline in revenues amid the ten month period that ended 31 April this year to EGP12.23mn from EGP24.07mn.

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