Cairo – Mubasher: Egyptian Starch and Glucose said Monday that its net profit for the third quarter declined 78% year-on-year to EGP 1.49 million from EGP 6.9 million, according to a bourse filing.

Over the first nine months, the company earned EGP 27.49 million, compared with EGP 31.89 million for the year-ago period.

On Sunday, the stock quote was placed at EGP 6.45 with a 2.5% rise.