Cairo – Mubasher: International Printing and Packaging Materials Company’s earnings rose by 221.8% year-on-year in the first quarter of fiscal 2016.
According to a bourse filing released on Sunday, net profit reached EGP 2.54 million ($285,300) in Q1-16, versus WGP 789,200 ($88,700) in Q1-15.
The company earlier reported a net profit of EGP 3.3 million in FY15.