Arab Polvara turns profitable in Q1

Updated 5/14/2019 11:04:05 AM

ArabFinance: Arab Polvara Spinning & Weaving Company (APSW) announced Tuesday, in a statement sent to EGX, the financial results for the fiscal period starting January 1, 2018, and ending March 31, 2019.

The company posted net profits of EGP 1.05 million, versus to net losses of EGP 3.65 million achieved in the same period a year ago.