Cairo – Mubasher: Egypt Gas achieved net profits of EGP 9.068 million in the first nine months of 2020, down by 67.4% year-on-year (YoY) from EGP 27.812 million.
The company generated EGP 2.506 billion in revenue in the January-September period from EGP 2.559 billion in the year-ago period, according to a bourse disclosure on Thursday.
During the first half (H1) of 2020, Egypt Gas turned to net losses of EGP 43.4 million, against net profits of EGP 14.44 million in H1-19.