NIPH’s profits inch up in 5 months: Egypt

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Nile Pharma manufactures and markets pharmaceuticals, various types of medical materials, chemical products, and cosmetics, as well as surgical threads and medical solutions

Staff Writer, Arab Finance

January 5, 2023

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El Nile Company for Pharmaceuticals and Chemical Industries (Nile Pharma) (NIPH) posted a net profit before taxes of EGP 45.4 million during the period from July 1st until November 30th, up from EGP 44.1 million in the same period a year earlier, according to a filing to the Egyptian Exchange (EGX) on Wednesday.

It is worth noting that the company’s net profit after tax rose EGP 20.838 million in the three months that ended September 30th from EGP 18.715 million the year before.

Nile Pharma manufactures and markets pharmaceuticals, various types of medical materials, chemical products, and cosmetics, as well as surgical threads and medical solutions.

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