Cairo – Mubasher: Egyptian Transport and Commercial Services Co (Egytrans) on Sunday reported a 4,811% year-on-year hike in consolidated profits for the third quarter of 2017.
Net profit amounted to EGP 20 million in Q3-17, up from EGP 408,700 in Q3-16, the company highlighted in a filing to the Egyptian Exchange (EGX).
In the first nine months of 2017, consolidated profits stood at EGP 81.67 million from EGP 21.6 million in the corresponding period of 2016.
Egytrans had previously posted a net profit of EGP 61.59 million in the first half of 2017, compared to EGP 21.23 million in H1-16.
