Cairo – Mubasher: Egyptian Financial and Industrial (EFIC) achieved EGP 27.5 million profits during the third quarter of 2016, higher 39% year-over-year from EGP 19.8 million, said the company in a bourse filing Monday according to the unaudited consolidated results.
Consolidated net profits for the first nine months increased 6.8% year-over-year to EGP 48.3 million from EGP 45.23 million.
The standalone net profits for the same period reached EGP 35.5 million, compared with EGP 16.9 million for the year-ago period.
The stock quote rose by 1.34% to EGP 7.54 by 11:04am Cairo time on Monday.
