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Nile Pharmaceuticals profits surge 298% in 10M

Nile Pharmaceuticals profits surge 298% in 10M
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Nile Pharmaceuticals
NIPH
-0.05% 80.16 -0.04

Cairo – Mubasher: Nile Pharmaceuticals and Chemical Industries’ profits hiked 298% year-on-year in the first ten months of fiscal year 2016-2017.

Net profit reached EGP 22.3 million for the ten months ended by the end of April, compared to EGP 5.6 million for the year-ago period, according to a bourse filing.