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Kafr El Zayat Pesticides posts EGP 10.8m profits in Q2

Kafr El Zayat Pesticides posts EGP 10.8m profits in Q2
The company's profits rose 10.4% to EGP 27.6 million in H1-16- (Photo Credit: Reuters)
Kafr El Zayat Pesticides
KZPC
-1.70% 10.43 -0.18

Cairo – Mubasher: Kafr El Zayat Pesticides' profits retreated 42.7% year-on-year to EGP 10.8 million ($1.21 million) in the second quarter of 2016 from EGP 18.8 million ($2.11 million).

The company's profits rose 10.4% to EGP 27.6 million in the six-month period of 2016 from EGP 24.97 million in the year-ago period.

Standalone H1 earnings increased 3.84% to EGP 27.94 million from EGP 29.05 million, according to a bourse filing on Sunday.