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.