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October Pharma’s Q1 profits soar 102%

October Pharma’s Q1 profits soar 102%
Photo Credit: Arabianeye-Reuters
October Pharma
OCPH
-5.98% 100.00 -5.98

Cairo-Mubasher: October Pharma reported a surge of 102% in profits of the first quarter this year as compared to the previous fiscal year, according to a statement issued Thursday.

The company’s net profits increased to EGP 9 million ($1.01 million) in Q1-16, from EGP 4.5 million ($500,000) in Q1-15.