Cairo - Mubasher: The financial statements of Misr Refrigeration and Air Conditioning Manufacturing Company (Miraco) showed a 14.5% growth in profits for the second quarter of 2017, according to a bourse filing.

The company added in its statement to the Egyptian Exchange (EGX) on Sunday that profits reached EGP 90.9 million in Q2-17, compared to EGP 78.68 million for the same period last year.

Revenues also grew in the three-month period that ended on 30 June 2017 to EGP 682.45 million from EGP 577.53 million in Q2-16.

As for the first half of the year, profits increased to EGP 293.25 million from EGP 80 million in the corresponding period in the year before.