ArabFinance: The General Company for Ceramic and Porcelain (Sheeni Egypt) (PRCL) reported a net profit of EGP 3.277 million in the seven-month period of the fiscal year (FY) 2020/2021, according to the company’s statement filed to the Egyptian Exchange.
In the July-April period of FY 2019/2020, Sheeni Egypt incurred a loss of EGP 36.062 million.
The company expects a net profit before tax of EGP 4.6 million for FY 2021/2022.
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.