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Sabaa International records 55.2% profit in 2021

Sabaa International records 55.2% profit in 2021

ArabFinanceSabaa International for Pharmaceutical and Chemical Industry (SIPC) has reported a 55.22% year-on-year decline in net profit after tax in 2021, recording EGP 6.781 million, according to financial indicators filed to the Egyptian Exchange (EGX) on Wednesday.

Revenue declined to EGP 45.418 million in the full year ended December 31st 2021, from EGP 69.757 million the year before.

Saba International is an Egypt-based company is operating in the pharmaceutical sector, with a generic product portfolio that includes products focused on different therapeutic categories.

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