Cairo - Mubasher: The unaudited financial indicators of Memphis Pharmaceutical and Chemical Industries showed a jump in profits by 367.5% in the first nine months of fiscal year 2016/2017.

During the nine-month period that ended 31 March 2017, net profits reached EGP 1.9 million compared to EGP 406,000 in the same period the year before, the company said in a statement to the Egyptian Exchange (EGX) on Sunday.

Net profit before tax increased to EGP 2.1 million from EGP 533,000 in the first nine months of FY15/16.