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