Arab Finance: Company announced General for Porcelain and China Products – (PRCL)on the results of its operations during the period from 07/01/2023 to 06/30/2024 Which showed net losses amounting to 104,511,285 pounds, compared to the company achieving net losses amounting to 40,464,723 pounds during the period from 07/01/2022 to 06/30/2023.
The company had previously disclosed that Medvert Misr Investment Company had reduced its stake in the first from 15.30% to 11.02%, by selling shares amounting to 2,154,701 shares, in a deal with a total value of 28,808,136 pounds, according to what the company said in a statement. Her statement Sent to the Egyptian Stock Exchange.
The company's purpose is limited to producing a wide variety of products, including porcelain tableware, sanitary ware (bathroom sets), and glaze ceramic floor and wall tiles. The company also grinds the raw materials and sells them to others.
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