Cairo – Mubasher: Nile Cotton Ginning achieved a surge of 80.3% in profits during the nine months ended on 31 March 2019 when compared to the same period a year ago.
Net profits grew to EGP 3.57 million during the period from July 2018 to March 2019, compared to EGP 1.98 million in the corresponding period last year, according to a recent bourse disclosure.
Revenues decreased to EGP 11.48 million during the nine-month ended in March 2019, compared to EGP 12.02 million in the same period a year ago.
