Cairo - Mubasher: The financial indicators of Nile Pharmaceuticals and Chemical Industries showed a surge in profits by 174.7% for fiscal year 2016/2017, according to a bourse filing.

Profits totalled EGP 23.9 million in FY16/17 compared to EGP 8.7 million for the previous year, the company said in a statement to the Egyptian Exchange (EGX) on Monday.