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FINANCIAL NEWS
Public sector firm’s profits in Egypt hit EGP2.7bn in H1
12 Apr 2017
(MENAFN) The Minister of Public Sector Affairs proclaimed that the public sector firms achieved revenues of EGP2.7bn in the first half of this year.
Additionally, the government has prepared an integrated plan for the development of governmental pharmaceutical firms.
Furthermore, the plan involved growing the market shares of the firms, while in 1970s, the government firms accounted for 91 percent compared to the recent share that feel to 8pct.
Meanwhile, increasing the market shares requires Egypt to innovative pharmaceutical research that permits it to generate new drugs, since drugs that raise the market shares of the firms.
MENAFN1204201700450000ID1095387763
MENAFN1204201700450000ID1095387763
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