Cairo – Mubasher: Egyptian Transport and Commercial Services (Egytrans) posted an increase of 117% in net profits for the second quarter of 2016.
The company reported net profits of EGP 15.16 million($1.7 million) in Q2-2016, compared with EGP 6.98 million ($788,000) for the comparable period of the preceding year.
Meanwhile, the company saw net profits of EGP 21.2 million ($2.4 million) for the first half of 2016, up from EGP 9.7 million ($1.09 million) for the same period of the previous year, with an increase of 119.7%.
