Arab Drug H1 profits rise 53%

Cairo – Mubasher: Financial indicators of Arab Drug Co. revealed that H1-15/16 profits rose by 53% compared to the year-ago period.

The company said that net profit after tax reached EGP2.7 million ($345,900), compared to EGP1.75 million ($224,200). Also, H1 sales jumped to EGP122.4 million from EGP 115.1 million in H1-14/15.

During the five-month period ended 30 November, 2015, the company’s profit increased by 10%.  

Mubasher Contribution Time: 31-Jan-2016 09:09 (GMT)