Cairo – Mubasher: Nile Pharmaceuticals and Chemical Industries posted a 6.66% decline in net profit for the five-month period ended 30 November 2015.
The drug manufacturer generated EGP 4.2 million ($547,400) in net profit in the five-month period, down from EGP 4.5 million ($586,500) reported in the same period a year ago.
Financial results for the four-month period ended 31 October 2015 earlier showed a 8.3% year-on-year fall in net profit to EGP 3.3 million from EGP 3.6 million.
