Arab Drug Company’s Annual Profits Rise 16% to EGP 264.7 Million
The company’s sales also increased, reaching EGP 1.37 billion, compared to EGP 1.12 billion in the comparative fiscal year.
The Board of Directors of Arab Drug Company for Pharmaceutical and Chemical Industries approved the budget plan for the current fiscal year 2026/2027.
The company targets achieving a net profit of EGP 291 million during the fiscal year 2026/2027, compared to EGP 273 million in the previous year’s budget.
The company also targets achieving sales of EGP 1.652 billion, compared to EGP 1.38 billion in the previous fiscal year’s budget.
In addition, the company plans to achieve exports of approximately EGP 276.2 million during the fiscal year 2026/2027, compared to a target of approximately EGP 300.7 million in the current fiscal year.
The estimated budget assumes an exchange rate of approximately EGP 56 per US dollar during the upcoming fiscal year, taking into account the resulting impact on the increased prices of goods and services required for operations.. more