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Sheeni Egypt studies establish new plant

Sheeni Egypt studies establish new plant

ArabFinanceThe General Company for Ceramic and Porcelain (Sheeni Egypt) (PRCL) received 3 offers to conduct its feasibility study to establish a new plant for the tableware, according to the company statement filed to the Egyptian Exchange.

The study will include rehabilitating the factory of sanitary ware.

The listed company’s loss shrunk by 80% in the fiscal year (FY) 2020/2021.

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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