Cairo – Mubasher: Modern Waterproofing’s consolidated financial statements for fiscal year 2016 showed a net profit of EGP 5.2 million, against losses worth EGP 87.17 million in FY15, according to a bourse filing released on Thursday.

Standalone profits amounted to EGP 9.7 million, versus standalone losses of EGP 84.9 million.

Foreign exchange earnings reached EGP 10.59 million, another statement said.