Cairo – Mubasher: B Investments Holdings’ consolidated financial statements showed a 6% year-on-year profit decline during the first six months of 2019.
The company’s consolidated profit reached EGP 105.3 million in H1-19, compared to EGP 112 million in the year-ago period.
Revenue went down to EGP 135.6 million from January to the end of June, from EGP 136.3 million the year before.
B Investments’ standalone profit shrank to EGP 35.48 million in H1-19, against EGP 33.53 million in H1-18.
During the first quarter of 2019, the EGX-listed company’s net profit grew to EGP 35.48 million, compared to EGP 33.53 million a year earlier.
