Sheeni’s gross profit exceeds EGP 9M in 5 months

Updated 1/10/2021 4:11:14 PM

ArabFinance: The General Company for Ceramic and Porcelain Products (Sheeni) recorded a gross profit worth EGP 9.73 million during the first five months of fiscal year (FY) 2020/2021, according to a January 10th disclosure.

This marked an annual increase of EGP 3.72 million, compared with EGP 6 million during the July-November 2019 period.

Sheeni, meanwhile, posted a loss of EGP 18.8 million as on November 30th 2020, higher than EGP 9.4 million in the corresponding period a year earlier.

The company posted a net loss of EGP 11.57 million at the end of September 2020.