El Nasr Transformers Q4 profits up 89%

Cairo – Mubasher: El Nasr Transformers and Electrical Products Company said Thursday that its profits for the fourth quarter of fiscal year 2016 amounted to EGP 25.3 million, 89% up from EGP 13.38 million for Q4-15.

Revenues for fiscal year 2016 increased 41% to EGP 422.6 million from EGP 299.78 million for FY15, according to a bourse filing.

Foreign exchange losses amounted to EGP 11.61 million in 2016, said another statement.

 

Mubasher Contribution Time: 09-Mar-2017 11:45 (GMT)
Mubasher Last Update Time: 09-Mar-2017 11:51 (GMT)