Cairo – Mubasher: The Egyptian International Pharmaceutical Industries Company (EIPICO) has posted a 17.6% year-on-year increase in sales during the first nine months of 2019.

The company’s sales grew to EGP 2.73 billion from January to September 2019, compared to EGP 2.32 billion in the year-ago period, according to a bourse statement released on Thursday.

EIPICO’s profit went up by 6.1% to EGP 522.2 million in the January-September period, up from EGP 492.1 million in the corresponding period last year.

Profits amounted to EGP 398.3 million in the first half of the year.