Cairo – Mubasher: El Nasr Transformers and Electrical Products Company (ELMACO) reported on Thursday sales of EGP 62.7 million in January and February 2017.
ELMACO’s sales in February reached EGP 33.87 million compared to EGP 28.8 million in January, with an increase of 17.5%, the company said in a statement to the Egyptian Exchange (EGX).
The value of the company’s signed contracts increased by 27.8% to reach EGP 69.3 million in February compared to EGP 54.2 million in January, according to the statement.
In March, the company had declared EGP 25.3 million in profits for 2016, compared to EGP 13.3 million profits in 2015.
