Modern Shorouk Printing and Packaging posted consolidated financial results for the nine-month period that ended on September 30, 2014, showing that net profit fell 34% to EGP 13.3 million, compared with EGP 20.2 million in the same period a year earlier.
Meanwhile, standalone financial results mirrored EGP 14.1 million net profit, compared with EGP 22.2 million in the first nine months of FY13.
The company had posted 35% drop in H1 consolidated net profit to EGP 9.6 million, compared with EGP 14.7 million in H1-13.