Egypt Gas Q1 profits down 12%

Cairo – Mubasher: Egypt Gas posted on Sunday a fall of 12.4% in its profits for the first quarter of fiscal year 2017 to EGP 12.26 million, compared to EGP 13.99 million for Q1-16.

Revenues increased in Q1-17 to EGP 318.64 million from EGP 312.86 million for Q1-16, according to a bourse filing.

The stock fell last Thursday by 0.39% to EGP 89.56.

 

Mubasher Contribution Time: 04-Jun-2017 08:46 (GMT)
Mubasher Last Update Time: 04-Jun-2017 09:12 (GMT)