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Sharkia National Food posts profit surge in nine months

Sharkia National Food posts profit surge in nine months
Sharkia National Food
SNFC
-2.86% 1.70 -0.05
Sharkia National Food Co. posted EGP 2.460 million net profit for the nine-month period that ended on September 30, 2014, compared with EGP 795.915 thousand net profit reported in the same period a year earlier.
The company’s H1 net profit had amounted to EGP 1.8 million, compared with EGP 705 thousand net profit in H1-13.
The foodstuff company had posted a 95.29% slide in FY13 net profit to EGP 196 thousand, compared with EGP 4.178 million a year earlier.