Cairo – Mubasher: Al Moasher for Programming and Information Dissemination Company posted on Sunday a net profit of EGP 16,620 ($1,800) in the first quarter of fiscal 2016, against net losses of EGP 21,300 ($2,400) in Q1-15, according to a bourse filing.

The company earlier reported net losses of EGP 89,100 in FY15, versus EGP 403,810 in FY14.