Cairo – Mubasher: Egypt Free Shops said its standalone financial statements for the second quarter of the fiscal year 2016 – 2017 have reflected an increase of 221.8% in net profits.
The company reported net profits of EGP 49.05 million for Q2 – FY16/17, up from EGP 15.24 million a year earlier.
The company also stated that it witnessed FX gains of EGP 40.3 million at the second quarter of Q2- FY16/17.