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Arab Valves Q1 profits down 64%

Arab Valves Q1 profits down 64%
Photo Credit: Reuters
Arab Valves
ARVA
94.10% 8.56 4.15


Cairo – Mubasher: Arab Valves’ profits for the first quarter of 2016 decreased 64.2% year-over-year to EGP 476,750 from EGP 1.33 million based on a bourse filing.

During 2015, the company earned EGP 5.7 million compared with EGP 4.7 million a year earlier.