Cairo - Mubasher: The financial statements of El Dawlia Fertilizers and Chemicals showed an increase in profits in the first quarter of 2017 by 99.71% compared to the same period last year.
The company said in a statement to the Egyptian Exchange (EGX) on Monday that profits amounted to EGP 1.71 million in Q1-17 up from EGP 856,390 in Q1-16.
Operational income also increased to EGP 3.06 million from EGP 49,940 in the corresponding period in the 2016.
