Arab Valves posted EGP 1.332 million in net profits for the first quarter of 2015, a surge of nearly 69.8% from EGP 745,000 for the same period of 2014.

The company's revenues stood at EGP 13.353 million for Q1-15, a decline of 11.48% from the same period of the previous year.

Arab Valves posted net profits of EGP 4.7 million for 2014, compared with EGP 3.7 million for the previous year.

The company is capitalised at EGP 49.9 million, distributed across 49.9 million shares at EGP 1 par value each.