Arab Drug records over EGP 72M profit in 6 months
ArabFinance: The Arab Drug Company achieved a net profit before tax worth EGP 72.62 million during the first six months of fiscal year (FY) 2020/2021, according to a January 12th disclosure.
This marked a Year on Year (YoY) increase of 20.5% from EGP 60.28 million during the July-December 2019 period.
Net sales stood at EGP 292.13 million in the six-month period that ended on December 31st 2020.
Arab Drug posted a YoY growth of 7.5% in July-December 2020 sales, from EGP 271.81 million.
The company has achieved a net profit before tax of EGP 62.675 million during the July-November 2020 period.
arabfinance
Finance & Economy

PHD okays long-term joint finance from NBE
ArabFinance: Palm Hills Developments (PHD) approved the long-term joint finance from the National Bank of Egypt (NBE) and other"...
Read More
Latest News

PM follows up project to replace old cars with natural-gas vehicles

PHD okays long-term joint finance from NBE

Egypt's trade deficit dips 17% during 2020: Min.
