Cairo – Mubasher: El Farasha for Manufacture and Printing Packing Materials posted a 120% increase in its profits for the second quarter of 2016, according to a bourse filing.
The company earned EGP 8.37 million in the second quarter, compared with EGP 3.8 million for the year-ago quarter.
Over the first six months, the company registered EGP 11.07 million profits, higher 33% year-over-year from EGP 8.3 million.
Net profits during the first quarter reached EGP 2.7 million.
