Egypt Gas profit rises 6% in 2017

Cairo – Mubasher: Egypt Gas on Thursday posted a 6% year-on-year increase in profits for the full-year 2017.

Net profit stood at EGP 25.6 million last year, up from EGP 24.14 million in 2016, the company said in a filing to the Egyptian Exchange (EGX).

Revenues grew to EGP 1.76 billion in 2017 from EGP 1.52 billion.

Given that the financial indicators of Egypt Gas had shown a 9.66% rise in profits for 2017 to record EGP 26.2 million.

Mubasher Contribution Time: 08-Mar-2018 10:47 (GMT)
Mubasher Last Update Time: 08-Mar-2018 11:48 (GMT)