04 November 2009
Bisco Misr saw revenues drop by 18.9 percent in the third quarter of fiscal year 2009 to reach LE 59.1 million versus LE 72.9 million during the same period last year.
Bisco Misr saw revenues drop by 18.9 percent in the third quarter of fiscal year 2009 to reach LE 59.1 million versus LE 72.9 million during the same period last year.
Net income also declined by 18.2 percent to LE 8.6 million in the third quarter of 2009 versus LE 10.5 million last year.
In its daily market report, Beltone Financial said, "An improvement in margins was witnessed as the company's gross profit margin reached 36.8 percent from 28.9 percent the previous year.
© Daily News Egypt 2009
