Cairo - Mubasher: The General Company for Silos and Storage saw an increase in profits by 73.59% in January, according to the company’s statement to the Egyptian Exchange (EGX) on Monday.

Profits reached EGP 10.52 million in January compared to EGP 6.06 million in the same period last year.

The company’s profits for the first half of fiscal year 2016/2017 declined by 48.45% to EGP 12.84 million from EGP 24.91 million in the same period the year before, while foreign exchange (FX) losses amounted to EGP 15.29 million.