Cairo – Mubasher: Universal for Paper and Packaging Materials posted that its net profits jumped 206% in the first quarter of 2016, according to a bourse filing.
The company earned EGP 691,000 in Q1-16 compared with EGP 226,000 for the year-ago quarter, the bourse filing indicated.
In 2015, the company’s net profits grew 1163% year-on-year to EGP 9.76 million compared to EGP 773,400.
