Medical Packaging Co. reported a 64% fall in net profit for the first nine months of FY14 to EGP 91.8 thousand, compared with EGP 255.4 thousand in the same period a year earlier.
The company’s H1-14 net profit had amounted to EGP 19.2 thousand, with a decline by 91% year-over-year from EGP 205.9 thousand.
Q1-14 net profit had reached EGP 75.2 thousands, compared with EGP 73.2 thousands with slight decrease by 2.3%.
The company had posted a 110.2% rise in FY13 net profit to EGP 345.207 thousand, compared with EGP 164.208 thousand net profits a year earlier.