The Clap:
Sidi Kerir Petrochemicals reported a 7.5% YoY increase in net income during the three-months ending in March, while its sales are down for the period.
Revenues:
The company saw its net sales fall 4.1% YoY to EGP 3.6 billion during the first quarter of the year.
Gross profit:
The firm’s gross income is down 25.3% YoY to EGP 774.1 million in Q1 2024.
Net profit:
The company’s bottom line grew 7.5% YoY to EGP 559 million.
