Arab Finance: Arab Cotton Ginning posted a 20% year-on-year (YoY) decline in consolidated net profits after tax in fiscal year (FY) 2024/2025, amounting to EGP 526.727 million, compared to EGP 660.175 million, according to the financial results.

Sales fell by 35% to EGP 2.631 billion in FY 2024/2025 from EGP 4.035 billion in the previous FY.

Likewise, basic earnings per share (EPS) declined to EGP 1.58 from EGP 1.82.

Meanwhile, the standalone net profits after tax plummeted by 35% YoY to EGP 64.681 million in FY 2024/2025 from EGP 98.911 million.

Standalone revenues shrank by 20% YoY to EGP 141.881 million from EGP 176.585 million.

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