Pachin shrinks annual profits to LE 45.9 m

Updated 11/2/2015 10:05:14 AM

Arab Finance: Paint & Chemicals Industries (Pachin) (PACH) reported consolidated financial results for the fiscal period from 01/07/2014 till 30/06/2015.

Pachin posted net profit of LE 45.971 million, compared with net profit of LE 74.382 million in the same period a year ago.

Moreover, the company reported standalone financial results for the fiscal period from 01/07/2014 till 30/06/2015.

The company posted net profit of LE 37.981 million, compared with net profit of LE 71.396 million in the same period a year ago.

Source: EGX & Arab Finance editor