The General Company for Ceramic and Porcelain’s (Sheeni Egypt) net losses after tax for the fiscal year (FY) 2023/2024 rose by 158.27% year on year (YoY) to EGP 104.511 million from EGP 40.465 million.

The General Company for Ceramic and Porcelain (Sheeni Egypt) has turned to losses in the first nine months of the fiscal year (FY) 2023/2024 with EGP 48.713 million, versus EGP 44.943 million in net profits for the same period a FY earlier.

The General Company for Ceramic and Porcelain (Sheeni Egypt) registered EGP 9.948 million in net profits after tax in the fiscal year (FY) 2022/23, against EGP 68.970 million in net losses in 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.

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.