Paints and Chemical Industries Company Pachin S.A.E. reported consolidated financial results for the first quarter ended Sep. 30, 2019. For the quarter, the company reported net profit of EGP 3,616,743 against EGP 15,959,107 for the same period of last year. The company generated EGP 222.3 million in sales in the three-month period ended 30 September, up from EGP 208.1 million in the prior-year period. For the quarter, standalone basis the company reported net profit of EGP 1.06 million in first quarter, down from EGP 1.83 million in the same period a year earlier, while its revenues retreated to EGP 20.25 million from EGP 22.49 million due to lower demand and slowdown in trade activities.