Cairo – Mubasher: The net profits of Nile Pharmaceuticals and Chemical Industries (Nile Pharma) surged by 43.9% year-on-year (YoY) to EGP 22.29 million in the first quarter (Q1) of fiscal year 2020/2021, compared to EGP 15.49 million.
The company generated EGP 218.42 million in revenue in the July-September period, up from EGP 213.3 million in the prior-year period, according to a bourse disclosure on Sunday.
During FY19/20, Nile Pharma reported net profits of EGP 93.38 million, compared to EGP 6.7 million a year earlier.
