Ibnsina Pharma FY18 profits surge to EGP 262.5m

Cairo – Mubasher: The Egyptian pharmaceutical distributor Ibnsina Pharma achieved a growth of 54% in profits during fiscal year 2018 compared to the prior year.

Earnings soared to EGP 262.52 million in FY18 from EGP 170.13 million in FY17, according to a bourse disclosure on Thursday.

Ibnsina Pharma has posted a revenue of EGP 13.6 billion from January to December 2018 compared to EGP 9.8 billion in FY17.

Mubasher Contribution Time: 07-Mar-2019 10:12 (GMT)
Mubasher Last Update Time: 07-Mar-2019 11:26 (GMT)