Arab Finance: Lecico Egypt’s (LCSW) consolidated net profits attributable to the parent company jumped 144.4% year on year (YoY) during the first half (H1) of 2024, hitting EGP 627.889 million, versus EGP 256.9 million, the firm stated.

The company garnered net sales of EGP 2.935 billion from January to June, up from EGP 2.401 billion over the corresponding period a year ago.

Respecting the standalone financials, the firm achieved net profits after tax of EGP 504.597 million in H1 2024, compared to EGP 191.797 million in H1 2023.

Meanwhile, standalone sales grew to EGP 1.213 billion from EGP 804.121 million.

Lecico is an Egypt-based public shareholding company engaged in the manufacture of tiles and sanitary ware products. The company offers its products through three segments: sanitary ware products, ceramic tiles, and brassware.

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