Cairo – Mubasher: Export Development Bank of Egypt posted on Thursday a decrease of 10.8% in consolidated net profit for the second quarter of fiscal year 2016/2017 to EGP 125.9 million, versus EGP 141.11 million for Q2-16/17.
In the first half of FY16/17, consolidated net profits declined 5.6% to EGP 246.3 million from EGP 261.1 million for the H1-15/16, according to a bourse filing.
Standalone profits rose in H1-16/17 by 14.8% to EGP 253.15 million, compared to EGP 220.5 million for H1-15/16.
Interest income increased in H1-16/17 by 33.7% to EGP 1.3 billion from EGP 985.4 million for H1-15/16.
