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Arab Pharmaceuticals board ratifies LE23 m net profits ending Dec 2017

Arab Pharmaceuticals board ratifies LE23 m net profits ending Dec 2017

ArabFinance: Arab Pharmaceuticals (ADCI) announced in a statement sent to EGX, the Board of Directors was held on January 15.

The company's BoD approved unaudited financial results for the fiscal period starting July 01, 2017 and ending December 30, 2017, which revealed posting net profits before taxes of LE23.387 million, versus net profits of LE13.774 million a year earlier. 

It is worth to mention, the Company revenues for the same period is amounting to LE194.010 million, compared to LE162.259 for the same period year earlier. 

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