Cairo – Mubasher: Paint and Chemicals Industries (Pachin) posted on Sunday a year-on-year rise of 53% in its consolidated net profits for the first nine months of fiscal year 2016/2017.
Consolidated net profits for the first nine months of FY16/17 reached EGP 89.43 million, compared to EGP 58.3 million for the same period last year, according to a bourse filing.
Standalone profits for the first nine months of FY16/17 leapt 380% to EGP 42.92 million from EGP 8.94 million for the same period of the previous year.