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Acrow Misr posts higher profits in Q1

Acrow Misr posts higher profits in Q1
The company’s net profits reached EGP 39.03 million (Photo Credit: Company website)
Acrow Misr
ACRO
-3.50% 46.55 -1.69

Cairo-Mubasher: Acrow Misr for Scaffolding and Formwork achieved a growth of 8.9% in standalone profits of the first quarter as compared to the same period in 2015, the company said in a statement issued Thursday.

The company’s net profits reached EGP 39.03 million ($4.4 million) in Q1-16, compared to EGP 35.82 million ($4.04 million) in Q1-15.