ArabFinance: Ceramic & Porcelain Company's (PRCL) Board of Director approved the amended financial statement for the fiscal year ending June 30, 2019.
The company's losses after taxes reached EGP 59.701 million, compared to EGP 13.411. The company attributed the losses to the overestimating the inventory for the previous years, which has been loaded with idle capacity's costs.
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