Cairo – Mubasher: Arab Drug Co. reported an increase of 299.4% in net profits for the first quarter of the fiscal year 2016/17.
The drug firm reported net profits of EGP 3.9 million for the Q1-FY16/17, up from EGP 972,000 for the similar period of the preceding year.
Arab Drug Company posted net profits of EGP 14.45 million for the fiscal year 2015/16, with an increase of 147% from EGP 5.85 million a year earlier.
