Kahira Pharmaceuticals targets EGP 89m profits in 2017/18

Cairo – Mubasher: Kahira Pharmaceuticals said Sunday that it seeks to achieve an increase of 83.1% in its profits for fiscal year 2017/2018 to EGP 88.5 million, versus an estimated profit worth EGP 48.3 million for FY16/17.

Revenues are targeted at EGP 873.4 million in FY17/18, compared to estimated revenues of EGP 598 million in FY16/17, according to a bourse statement.

The company set the investment budget at EGP 47.9 million, versus EGP 22.2 million for the current fiscal year.

Mubasher Contribution Time: 12-Mar-2017 10:47 (GMT)
Mubasher Last Update Time: 12-Mar-2017 10:49 (GMT)