Cairo – Mubasher: Misr Refrigeration and Air Conditioning (Miraco) reported a remarkable increase in its net profits for the third quarter of 2016, as it reached EGP 70.5 million.
The company posted net profits of EGP 30.2 million for the same period a year earlier.
As for the first nine months of 2016, the company reported an increase of 88.16% in its net profits as it reached EGP 158.73 million up from EGP 84.36 million for the same period of the previous year.
Earlier, the company registered net profits of EGP 80 million for the first half of 2016, up by 69% y-o-y.
