Cairo – Mubasher: Delta Sugar Company’s adjusted unaudited financial statements showed an increase of 297.58% in net profits for the fourth quarter of 2016 to EGP 57.69 million, versus EGP 14.51 million for Q4-15.
Net profits for fiscal year 2016 grew 428.21% to EGP 142.46 million from EGP 26.97 million for FY15, according to a bourse filing.
The company earlier said that its profits for Q4-16 increased 378% to EGP 69.31 million.
The stock was last traded at EGP 12.03.
