Pachin full-year profit down 14 percent

DNE
DNE
0 Min Read

CAIRO: Egyptian paintmaker Pachin’s reported a 14 percent drop in net profit in the year to June 2011 to LE 133 million ($22 million), the stock exchange said in a statement on Thursday.

Net profit in the financial year 2009/10 was LE 155 million, the statement said. It did not add further details.

Pachin’s financial year runs to June 30.

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