Sheeni Egypt posts EGP 14.6M net loss end-September
Updated 12/22/2021 10:32:00 AM
ArabFinance: The board of directors of General Company for Ceramic and Porcelain’s (Sheeni Egypt) (PRCL) has approved the company’s financial indicators for the period ended September 30th, 2021, according to a statement filed to the Egyptian Exchange (EGX).
The company has incurred a net loss after tax of EGP 14.607 million during the period ended September 2021, growing by 126% from EGP 11.574 million in the year-ago period.
Moreover, the company’s revenue fell to EGP 43.44 million at the end of September 2021, compared to EGP 51.96 million in the same period 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.
