Cairo – Mubasher: Sharkia National Food posted on Tuesday a net profit of EGP 1.2 million for the fourth quarter of the fiscal year 2016, against a net loss of EGP 10.95 million for Q4-15.

The company turned profitable in fiscal 2016 with a net profit of EGP 4.47 million, compared to a net loss of EGP 8.47 million for 2015, according to a bourse filing.