Cairo – Mubasher: Arab Drug reported an increase of 147% in net profits for the fiscal year 2015/16 after applying the adjustments required by the Accountability State Authority (ASA).
The drug firm saw net profits of EGP 14.45 million in FY15/16, up from EGP 5.85 million for the same period of the previous year.
Earlier, the company said its profits for July rose by 236.72% year-on-year to EGP 1 million from EGP 297,000