Cairo – Mubasher: General Company for Silos and Storage said its profits for the first quarter of the fiscal year 2016 – 2017 have increased by 99.5%.
The company’s profits stood at EGP 77,000 in Q1 – FY16/17, down from EGP 15.95 million for the same period a year earlier.
The company’s sales revenues slowdown by 56.84% in Q1-FY16/17 reaching EGP 60.7 million, compared with EGP 140.75 million for the previous year.
