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El Nasr Agricultural Crops swings to profit in Q1

El Nasr Agricultural Crops swings to profit in Q1
El Nasr For Manufacturing Agricultural Crops posted financial statements for Q1 that ended on June 30, 2014, showing EGP 151.6 thousand net profit, against EGP 2.6 million net loss in the same period a year earlier.
The company’s financial results for the fiscal year that ended on March 31, 2014 had shown EGP 11.3 million net loss, narrowing 22% compared with EGP 14.6 million net loss a year earlier.
The company operates with issued and paid-in capital of EGP 78.654 million, divided into 7.865 million shares at EGP 10 par value each.