Cairo – Mubasher: Nile Pharmaceuticals and Chemical Industries-Nile said its profits shrank 43.4% from July 2015 to April 2016, the company said in a bourse filing.
The pharmaceutical firm thus registered a net profit of EGP5.6 million ($632,300) in the first ten months, against EGP9.9 million ($1.11 million) for the year-ago period.
In the nine-month period of 2015/16, the company reported a net profit of EGP5.4 million, compared to EGP9.8 million a year earlier.
