Cairo – Mubasher: Memphis Pharmaceutical and Chemical Industries said Sunday that its profits for the second quarter of the fiscal year 2016-2017 increased 211.5% to WGP 2.43 million, compared to EGP 780,000 for Q2-15/16.
Profits for the first half of fiscal 2016/17 amounted to EGP 2.48 million, 83% up from EGP 420,000 for the same period of the previous year, according to a bourse filing.
Revenues rose in the first half of fiscal 2016/17 by 21% to EGP 162.4 million from EGP 196.5 million for the same period last year.
