Cairo – Mubasher: The consolidated financial statements of Modern Shorouk Printing and Packaging showed an increase in profits during the first nine months of the year by 196.89% year-on-year (YoY).
The company achieved a net profit of EGP 33.92 million in January-September 2019 period, compared with EGP 11.43 million for the same period last year.
Meanwhile, sales rose slightly to EGP 1.174 billion, up from EGP 1.167 billion in the corresponding period in 2018.
Standalone financial results showed an increase in profits to EGP 60.85 million, up from EGP 59.47 million in the year-ago period.
