Cairo – Mubasher: Arab Cotton Ginning reported an increase of 139% in unconsolidated net profits for the first six months of the fiscal year 2015/16.
The company saw net profits of EGP 13.07 million in H1-FY15/16, up from EGP 5.46 million for the similar period of the previous year.
The firm said earlier, it saw net profits of EGP 10.1 million in the first quarter of FY15/16, against losses of EGP 9.7 million for the same period of the preceding year.
