Cairo – Mubasher: Golden Textiles and Clothes Wool reported a decline of 57.1% in net profits for the third quarter of 2016.
The company posted net profits of EGP 1.2 million for Q3 – 2016, down from EGP 2.8 million a year earlier.
As for the first nine months of 2016, the company posted net profits of EGP 9.6 million down by 48.9% y-o-y.
