Cairo – Mubasher: Nile Pharmaceuticals and Chemical Industries reported a 216% profit growth during the first five months of 2016/17, according to a bourse filing on Thursday.

The company earned EGP 13.6 million during the five-month period, compared with EGP 4.3 million for the year-ago period.

In the first quarter, net profit rose 208% year-on-year to EGP 7.1 million.

The stock quote was placed at EGP 9.8 on Wednesday with a 1.04% rise.