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Advanced Pharm loses EGP 4.3m in 9 months FY14

Advanced Pharm loses EGP 4.3m in 9 months FY14
Photo Credit: Arabianeye-Reuters

Advanced Pharmaceutical Packaging suffered EGP 4.3 million ($564,000) in losses in the first nine months of 2014, against EGP 3.3 million ($434,000) in profits for the same period of the previous year.

The company posted net profits of EGP 954,000 for the first half of 2014, compared with EGP 1.8 million for the corresponding period of 2013.

The company is capitalised at EGP 89.8 million, divided into 8.9 million shares at EGP 10 par value each.