Cairo – Mubasher: Paint and Chemicals Industries (PACHIN) reported an increase of 59.2% in net profits for the fourth quarter of the fiscal year 2015/16.
The company posted net profits of EGP 20.19 million for Q4-FY15/16, up from EGP 12.68 million for the same period a year earlier.
Moreover, the company’s profits stood at EGP 78.49 million for the fiscal year 2015/16 as a whole up from EGP 45.97 million a year earlier.