Cairo – Mubasher: Egyptian Transport and Commercial Services Company (Egytrans) on Tuesday posted a 230.4% year-on-year hike in standalone profits to EGP 53.11 million for the first half of 2017 from EGP 16 million, according to a statement.
Net revenues soared 153.2% to EGP 184.63 million in H1-17 from EGP 72.91 million in H1-16.
Gross profit surged 278.7% to EGP 69.31 in H1-17 from EGP 18.30 million in the corresponding period of the year before.
Egytrans had previously achieved standalone net profits of EGP 33.46 million for the first quarter of 2017 from EGP 3.58 million for Q1-16.
