Unipack profits down 18% in Q3

Cairo – Mubasher: Universal for Paper and Packaging Materials Company (Unipack) earned EGP 1.99 million in the third quarter of 2016, lower 18% year-on-year from EGP 2.43 million, according to a bourse filing on Thursday.

Net profits for the first nine months rose 11% year-on-year to EGP 5.17 million from EGP 4.67 million.

The stock quote rose 2.66% to EGP 7.33 by 11:23am Cairo time on Thursday. 

Mubasher Contribution Time: 10-Nov-2016 11:17 (GMT)
Mubasher Last Update Time: 10-Nov-2016 11:17 (GMT)