Egypt's Chemical Industries to report 21pct decline in net profit to EGP645m
1/5/2012 3:34:36 PM
Cairo-based Chemical Industries Holding Company (CIHC) will report this month that net profit for the financial year ending June 30, 2011 declined 20.85% from the previous year's EGP 815 million to EGP 645 million, a person with knowledge of the matter told Zawya.
Gross profit for the year ended June 30, 2011 amounted to EGP 705 million, compared to around EGP 626 million in the previous year.
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