Cairo – Mubasher: Arab Engineering Industries posted a decrease of 47.4% in net profits for the first half of 2015, as it reached EGP 1.75 million compared with EGP 3.33 million for the same period of 2014.
The company's gross profit also declined to EGP 2.86 million in H1-2015, down by 43% from EGP 5 million for the same period of 2014.
Meanwhile, the firm's profits reached EGP 1 million in the first quarter of 2015, compared with EGP 1.8 million for the similar period of 2014.
