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Memphis Pharmaceutical FY13/14 profit slumps 99.7% to EGP14 THD

Memphis Pharmaceutical FY13/14 profit slumps 99.7% to EGP14 THD
Memphis Pharmaceutical
MPCI
0.00% 90.66 0.00
Memphis Co. for Pharmaceutical & Chemical Industries posted financial statements for the fiscal year that ended on June 30, 2014, mirroring EGP 14.025 thousand net profit after tax, with a drop by 99.7% compared with EGP 5.2 million in FY12/13.
The drug manufacturer had reported EGP 1 million net loss before tax for the 11-month period from July 1, 2013 till May 31, 2014, against EGP 3.5 million net profit in the year-ago period.