Lecico Egypt : Q4 net profit EGP 79.5 million versus net loss of EGP 62.4 million year ago . Q4 revenue EGP 494.1 million, up 61 percent year over year . "Expects an improvement in operating performance in Q1 2017 despite further cost increases" . Financing income reached EGP 126.8 million in 2016 versus EGP 12.7 million year ago due to floatation of Egyptian pound Source: (http://bit.ly/2lGoLVI) Further company coverage: [LCSW.CA] ((Bangalore.email@example.com;)).
Lecico Egypt SAE : Q3 consol net loss EGP 49.1 million versus net loss EGP 8.7 million year ago . Q3 revenue fell one percent to EGP 336.7 million . Says to ramp up production from Q4 onwards to improve cost of sales on per unit basis before factoring in impact of EGP floatation Source: (http://bit.ly/2fq2AP7) Further company coverage: [LCSW.CA] ((Bangalore.firstname.lastname@example.org;)).