Arab Drug profits up 236%YOY in July

Cairo – Mubasher: Arab Drug’s profits for July 2016 rose by 236.72% year-on-year to EGP 1 million ($112,360) from EGP 297,000 ($33,370), according to a bourse statement.

Sales reached EGP 25.2 million during July, higher 28.68% year-on-year from EGP 19.6 million.

The company’s Q4-16 net profits stood at EGP 2.67 million, compared with EGP 200,000 for the year-ago quarter. 

Mubasher Contribution Time: 07-Aug-2016 08:34 (GMT)
Mubasher Last Update Time: 07-Aug-2016 08:34 (GMT)