Q1 financials. Revenue is up 2.1 billion Egyptian pounds, but profits are down compared to the last 10 quarters. The company blames flat product prices while raw material costs are skyrocketing. Seriously, what's the deal? Are they just waiting for us to tell them to raise prices or cut costs? If they're asking for my advice, I'd say they need to get their act together. Oh, and by the way, the full H1 report is coming out in two weeks, so stay tuned.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.