Cairo – Mubasher: Egypt Gas (EGAS) said Sunday it targets achieving EGP 10.51 million net profit for the fiscal year 2016, compared with expected profits of EGP 32.82 million for 2015.
The company’s budget estimate for 2016 also showed EGP 1.63 billion total revenues, compared with EGP 1.4 billion expected for the current year.
Expected expenses amounted to EGP 1.62 billion, up from EGP 1.37 billion in 2015.
