Cairo – Mubasher: The Egyptian Transport and Commercial Services Company’s (Egytrans) consolidated profits before tax for fiscal year 2016 jumped 495.5% to EGP 69.5 million, versus EGP 11.67 million for FY15.
Foreign exchange earnings amounted to EGP 44.5 million in 2016, according to a bourse filing released on Wednesday.
Consolidated revenues amounted to EGP 215.5 million in 2016, 63.6% up from EGP 131.716 million for FY15.
Standalone profits for FY16 increased 406.38% to EGP 47.60 million from EGP 9.4 million for FY15.
The company’s stock rose on Tuesday by 0.10% to EGP 9.58.
