Arab drug to invest EGP 11m in 2016/17


Cairo – Mubasher: Arab Drug Company (ADCO) targets to achieve a net profit of EGP 4.2 million and to invest EGP 11 million during 2016/17.

The company’s profits for 2014/15 reached EGP 4.6 million ($587,420), while the estimated profits for 2015/16 were EGP 3.5 million.

In the first half of 2015/16, the company earned EGP 2.7 million, compared to EGP 1.75 million for the year-ago period.   

Mubasher Contribution Time: 06-Mar-2016 12:12 (GMT)