Arab Cotton Ginning profits surge 33% in year

Cairo - Mubasher: Arab Cotton Ginning posted net profits of EGP 33.2 million in the fiscal year 2014/15, compared with EGP 28.6 million for the previous year.

Meanwhile, the company's unconsolidated net profits plunged 75% to EGP 6 million in FY14/15, down from EGP 23.84 million a year earlier.

The firm is capitalized at EGP 1.324 billion, distributed across 264.815 million shares at EGP 5 par value each.

Mubasher Contribution Time: 16-Nov-2015 07:28 (GMT)