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Sharkia Food turns profitable in Q4

Sharkia Food turns profitable in Q4
Profits for fiscal 2016 reached EGP 3.67 million (Photo credit: Arabianeye - Reuters)
Sharkia National Food
SNFC
-0.34% 2.96 -0.01

Cairo – Mubasher: Sharkia National Food posted on Sunday a net profit of EGP 400,000 for the fourth quarter of fiscal 2016, against a loss of EGP 10.94 million for Q4-15.

Profits for fiscal 2016 reached EGP 3.67 million, compared to EGP 8.46 million losses for fiscal 2015, according to a bourse filing.