EARNINGS WATCH- Cheese maker Obour Land recorded a net profit of EGP 162 mn in 2016, up from EGP 92 mn in 2015. The company says it key financial indicators are all, and reported robust sales volume growth, and overall enhancement in margins, despite macroeconomic challenges. The company’s revenues grew by 24% y-o-y to EGP 1.45 bn in 2016.

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