Sheeni eyes near EGP 5M profit
Updated 3/30/2021 12:55:00 PM
ArabFinance: The board of directors of The General Company for Ceramic and Porcelain (Sheeni Egypt) (PRCL) approved the estimated budget for fiscal year (FY) 2021/2022, according to the company’s filing to the Egyptian Exchange on March 30th.
The company expects a net profit before tax of EGP 4.6 million for FY 2021/2022.
The listed company reported a 59.78% Year on Year hike in its net loss during the June-February period of FY 2020/2021, suffering EGP 30.55 million.
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.
