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ELMACO posts 22.58% rise in FY13 profit

ELMACO posts 22.58% rise in FY13 profit
ELMACO
NASR
0.00% 16.00 0.00
Al-Nasr Transformers & Electric Products (ELMACO) posted financial results for the fiscal year that ended on December 31, 2013.
These results mirrored 22.58% growth in net profit to EGP 24,517,474, compared with EGP 20,000,000 net profit reported a year earlier.
The company had announced earlier in January it began to be directly supervised by Central Auditing Organization (CAO).