Memphis Pharmaceutical turns to profits in Q2

Cairo – Mubasher: Memphis Pharmaceutical said it turned to profitability in the second quarter of the fiscal year 2015/16.

The drug firm saw net profits of EGP 172,300 for Q2-FY15/16, against net losses of EGP 4 million for the same period of the previous year.

Previously, the company said its exports reached EGP 13.2 million in the fiscal year ended 31 December 2015.

Mubasher Contribution Time: 14-Feb-2016 08:05 (GMT)