Kahira Pharmaceuticals Q1 profit jumps to 25.6 mln Egyptian pounds

Kahira Pharmaceuticals and Chemical Industries Company reported Tuesday an increase in its first-quarter net profit to reach 25.6 million Egyptian pounds ($1.4 million).

Profit earlier stood at 17.8 million pounds during the first quarter of 2016, according to a bourse filling.

Sales jumped to 199 million pounds from 167 million pounds last year.