Cairo – Mubasher: Memphis Pharmaceutical and Chemical Industries turned into profits over the fiscal year 2015/16, according to its unaudited financial results.
The company registered EGP 452,000 net profits against EGP 10.3 million losses a year earlier.
Further, the company allocated EGP 1.53 million for FY15/16 estimated investments.
During July 2015 – May 2016, the company gained EGP 437,000, against EGP 16.6 million losses for the year ago period.