Egytrans profits for Q1 up 234%

Cairo - Mubasher: Egyptian Transport and Commercial Services Company (Egytrans) posted on Wednesday a rise of 234% in its consolidated net profit to EGP 20.25 million, compared to EGP 6.06 million for Q1-16.

Consolidated revenues increased in Q1-17 by 282% to EGP 110.5 million, versus EGP 28.89 million for Q1-16, according to a bourse filing.

Standalone net profit for Q1-17 grew to EGP 33.46 million from EGP 3.58 million for Q1-16.

The stock fell of Tuesday by 0.25% to EGP 7.91.

Mubasher Contribution Time: 24-May-2017 09:00 (GMT)
Mubasher Last Update Time: 24-May-2017 09:00 (GMT)