Cairo – Mubasher: Arab Cotton Ginning’s consolidated profits for the first nine months of fiscal year 2016/2017 soared 313% to EGP 85.52 million, compared to EGP 20.7 million for the same period last year.
Consolidated sales increased in the first nine months of FY16/17 to EGP 821.5 million from EGP 602.5 million in the same period of FY16/17, a bourse filing said on Sunday.
The company’s standalone profits for the first nine months of FY16/17 declined 35.2% year-on-year to EGP 10.68 million.
