Alexandria Pharmaceuticals profits rise 30% in Q1

Cairo – Mubasher: Alexandria Pharmaceuticals and Chemical Industries reported a 30.2% increase in its profits for the first quarter of the fiscal year 2016/17, according to a bourse filing on Wednesday.

The company registered a net profit of EGP 21.02 million during July-September, compared with EGP 16.15 million for the year-ago period.

Q1 Sales rose by 12.2% year-over-year to EGP 126 million from EGP 112.3 million.

The stock quote rose by 3.23% to EGP 47.95 by 10:16am Cairo time. 

Mubasher Contribution Time: 02-Nov-2016 09:01 (GMT)
Mubasher Last Update Time: 02-Nov-2016 09:01 (GMT)