Cairo – Mubasher: Delta Sugar swung from losses into profits during the third quarter of the fiscal year 2016, according to a bourse statement on Tuesday.
The company registered a net profit of EGP 22.8 million in the third quarter, against a net loss of EGP 19.6 million for the year-ago quarter.
Over the first nine months, the company earned EGP 84.77 million, higher 580% year-on-year from EGP 12.46 million.