Arab Drug’s net profit before tax falls 21.6% YoY in 11 months
Updated 6/20/2022 11:37:42 AM
Arab Finance: Arab Drug Company (ADCI) reported a 21.6% year-on-year (YoY) decrease in net profit before tax for the first 11 months of fiscal year (FY) 2021/2022, according to a statement filed to the Egyptian Exchange (EGX) on June 20th.
Net profit before tax amounted to EGP 95.72 million in the period from July 2021 until May 2022, compared to EGP 122.208 million in the same period of FY 2020/2021.
The company recorded net total sales of EGP 487.107 million in the 11-month period, down from EGP 504.191 million in the same period of the FY ago.
