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Sheeni Egypt incurs EGP 14.16M in 3 months

Sheeni Egypt incurs EGP 14.16M in 3 months

ArabFinance: General Company for Ceramic and Porcelain (Sheeni Egypt) (PRCL) announced that its board of directors has approved the company’s financial results for the period starting July 1st until September 30th, 2021, according to a statement filed to the Egyptian Exchange (EGX).

The company achieved a gross profit of EGP 14.71 million in the three-month period ended September 30th.

On the other hand, the company incurred losses of EGP 14.16 million in the July-September period of 2021, versus EGP 11.57 million in the year-ago period.

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.

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