Cairo – Mubasher: General Company for Silos and Storage said its profits for the fourth quarter of 2015/16 rose by 93% year-over-year to EGP 53.57 million ($6 million), compared with EGP 27.77 million ($3.11 million), according to a bourse filing.
By the end of 30 June, its annual profits stood at EGP 89.98 million, compared with EGP 32.45 million profits a year earlier.
Over the third quarter, the company's profits reached EGP 36.4 million, compared EGP 10 million for the year-ago quarter.