Egypt’s food producer Obour Land profits rise to 176.5 mln pounds

Egypt-based Obour Land for Food Industries Company’s nine-month profits rose to 176.5 million Egyptian pounds ($10 million), the company said in a bourse filling on Tuesday.

Earlier, profits stood at 110.1‍​ million during the first nine months of 2016.

The company made sales worth 1.46 billion pounds higher from 1.05 billion pounds last year.