Cairo – Mubasher: Arab Valves posted a decline of 69% in net profits for the third quarter of 2016.
The company reported net profits of EGP 199,400 for the third quarter of 2016, down from EGP 639,000 a year earlier.
As for the first nine months of 2016, the company reported net profits of EGP 1.06 million up from EGP 3,350 a year earlier.
