Cairo – Mubasher: El Nasr Transformers and Electrical Products Company’s (ELMACO) profit rose in the first quarter of fiscal 2016 by 217.43% year-on-year.
Net profit reached EGP 9.6 million ($1.08 million) in Q1-16, versus EGP 3 million ($338,730) in Q1-15, according to a bourse filing.
The stock rose today by 1.76% to EGP 5.20 ($0.59).
