Cairo – Mubasher: Obour Land for Food Industries posted on Tuesday a rise of 53.4% in its profits for the first quarter of fiscal year 2017 to EGP 44.68 million, versus EGP 29.11 million for Q1-16.
Sales increased in Q1-17 to EGP 343.2 million from EGP 310.38 million in Q1-16, according to a statement to the bourse.
By 10:45 am Cairo time, the stock fell 0.06% to EGP 16.3.
