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ICMI posts 20% rise in 2014 profit

ICMI posts 20% rise in 2014 profit
Photo Credit: Arabianeye-Reuters
ICMI
ICMI
0.92% 1.52 0.01

Cairo-Mubasher: The International Company for Medical Industries (ICMI) said it achieved 20% growth in 2014 net profits, according to the company’s statement issued Thursday.

The drug manufacturer posted EGP 266 thousand ($35 thousand) net profit for 2014, compared with EGP 221.7 thousand ($29 thousand) a year earlier.

Financial results for the first nine months of FY14 showed EGP 179.3 thousand net profits, compared with EGP 255.2 thousand.