Sheeni’s loss widens 56.4% YoY September-end
Updated 11/9/2022 10:21:00 AM
Arab Finance: General Company for Ceramic and Porcelain (Sheeni Egypt) (PRCL) reported a 56.41% year-on-year (YoY) increase in net loss after tax during the period that ended on September 30th, according to financial statements filed to the Egyptian Exchange (EGX) on Wednesday.
The company’s net loss after tax rose to EGP 14.607 million at the end of September from EGP 9.339 million a year earlier.
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, antiques and vases, as well as ceramic floors and walls.
