Cairo – Mubasher: North Cairo Mills has reported a 67% year-on-year profit decline during the nine-month period ended 31 March 2019, recording EGP 17.2 million, according to a bourse statement released on Thursday.

The company’s revenue went down to EGP 548.4 million during the first nine months of the fiscal year 2018/2019, compared to EGP 574.9 million in the year-ago period.

From July to January, North Cairo Mills’ net profit reached EGP 10.25 million versus EGP 37.85 million the year before.