Sheeni Egypt deepens loss
Updated 3/15/2021 2:27:00 PM
ArabFinance: The General Company for Ceramic and Porcelain (Sheeni Egypt) (PRCL) reported a net loss of EGP 26.32 million during the June-January period of the fiscal year (FY) 2020/2021, compared to EGP 15.92 million in the same period of FY 2019/2020, the company said in its audited financial statements to the Egyptian Exchange on March 15th.
The company’s unaudited financial statements showed a net loss of EGP 21.9 million during the second half of 2020.
Sheeni is an Egypt-based company engaged in the manufacture and sale of ceramic and porcelain products. It produces porcelain tableware for domestic and hotels, and antiques and vases, as well as ceramic floors and walls.
