Cairo – Mubasher: Arab Drug's net profits before tax for the fourth quarter of 2015/16 (Q4) jumped by 1235% year-over-year to EGP 2.67 million from EGP 200,000, according to a bourse filing. .
Annually, net earnings before taxes reached EGP 5.85 million, compared to EGP 4.67 million a year earlier.
By the end of June 2016, sales stood at EGP 249.28 million versus EGP 233.89 million in 2014/15.
In the first nine months, the company registered EGP 3.18 million profits, compared with EGP 4.47 million for the year-ago period.
The company fiscal year starts on the first of July.
