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Nile Pharmaceuticals hit EGP 4.8mn losses during two months

Thursday 13 September 2018 03:09 PM

Nile Pharmaceuticals
Nile Pharmaceuticals

By Mostafa Talaat

Nile Pharmaceuticals announced Thursday that its net losses touched 4.8 million pounds during the two months of July and August, compared to a 3 million pound loss during the same period last year.

The company turned into losses during the fiscal year ending on 2017-2018, to record 17.5 million pounds, compared to 23.19 million pounds profits in the comparative period of the previous fiscal year.