Cairo – Mubasher: The net profits of October Pharma hiked by 711% year-on-year (YoY) to EGP 27 million in the first half (H1) of 2020, compared to EGP 3.33 million.

The company’s revenues rose to EGP 244 million in the six-month period ended on 30 June from EGP 239 million in the corresponding period a year earlier, according to a bourse disclosure on Wednesday.

During the first three months of 2020, October Pharma achieved net profits of EGP 8 million, up from EGP 3.4 million in the prior-year period.