Cairo – Mubasher: Egyptian Transport and Commercial Services (Egytrans) posted an increase of 340% in net profits for the third quarter of 2016.
The company saw net profits of EGP 440,000 for Q3 – 2016, up from EGP 100,000 a year earlier.
As for the first nine months of 2016, the company posted an increase of 120.4% in its net profits as it reached EGP 21.64 million compared with EGP 9.8 million a year earlier.
Egytrans said its revenues stood at EGP 141.5 million for the nine – month period ended September 2016, up from EGP 102.25 million for the similar period of the previous year.
