Cairo – Mubasher: Nile Pharmaceuticals and Chemical Industries witnessed a surge of nearly 208% in its net profits for the first quarter of the fiscal year 2016/17.
The drug firm saw net profits of EGP 7.1 million in Q1, up from EGP 2.3 million for the same period a year earlier.
The company registered net profits of EGP 8.65 million in FY15/16, down 52% from EGP 17.9 million in the previous year.
