Acrow Misr Q1 profits rise 26%

Cairo – Mubasher: Acrow Misr for Scaffolding and Formwork’s consolidated profits for the first quarter of fiscal year 2017 grew 26% to EGP 52.4 million, versus EGP 41.58 million for Q1-16.

Consolidated revenues rose in Q1-17 to EGP 245.16 million from EGP 170.7 million for Q1-16, according to a bourse filing released on Sunday.

Standalone profit for Q1-17 reached EGP 37.92 million, compared to EGP 39.02 million for Q1-16.

Mubasher Contribution Time: 04-Jun-2017 09:12 (GMT)
Mubasher Last Update Time: 04-Jun-2017 09:12 (GMT)