Egypt’s OCI announces 28 pct income drop amid international expansion
00:00 - 01 يناير, 1970
Egypt's, biggest listed company, Orascom Construction Industries announced a 28 percent drop in net income for the second quarter on Thursday, most caused by start-up costs at its Algerian and U.S. fertilizer plants.
Net income fell to $119.4 million from $165.2 million last year, OCI said