ArabFinance: The General Company for Ceramic and Porcelain (Sheeni Egypt) (PRCL) loss shrinks by 80% in the fiscal year (FY) 2020/2021, according to the company statement filed to the Egyptian Exchange.
The company cut its net loss by 87% during the eleven-month period between July 2020 and May 2021.
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.