Arab Drug profits soar 444% in 11M

Cairo – Mubasher: Arab Drug Company’s profits surged 444% year-on-year in the first eleven months of fiscal year 2016/2017.

Net profits before tax reached EGP 29.4 million in the eleven-month period ended 31 May 2017, compared to EGP 5.4 million for the same period last year, a statement to the stock market said on Thursday.

Sales increased in the first eleven months of FY16/17 to EGP 317.3 million from EGP 230.5 million in the same period of the previous year.

Mubasher Contribution Time: 08-Jun-2017 08:12 (GMT)
Mubasher Last Update Time: 08-Jun-2017 08:15 (GMT)