Cairo – Mubasher: Alexandria Spinning and Weaving (Spinalex) said its financial indicators for the second quarter of the fiscal year 2016 – 2017 reflected net profits of EGP 33.2 million.
Spinalex posted EGP 9.5 million in losses in the similar period of the previous year.
The company also reported net profits of EGP 19.3 million at the first six months of FY 2016 – 2017, against losses of EGP 24.2 million at the comparable period of the preceding year.
