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Arabian Rocks posts EGP 1.2M profits in 2018

Arabian Rocks posts EGP 1.2M profits in 2018

ArabFinance: Arabian Rocks Plastic Industries’ (ARPI) profits hiked to reach EGP 1.2 million in the year ended on December 31, 2018, compared to EGP 953,017 in the previous year, as per a bourse filing on Monday.

Convened on April 21, the company’s board approved on the financial statements of the aforementioned period and mandated the distribution of bonus shares at 0.15 share for every share at a total value of EGP 3 million. 

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