Cairo – Mubasher: Raya Contact Center (RACC) announced that it has used EGP 98.74 million of proceeds of the capital hike subscription amounting to EGP 100 million listed on 29 November 2017 till the end of June.
Part of the proceeds was used to finance the equipment of some contact centres, according to a statement to the Egyptian Exchange (EGX) on Tuesday.
The remaining amount of the proceeds stands at EGP 1.25 million, the company said.
During the first half of 2019, the company posted a profit of EGP 64.29 million, down from EGP 90.2 million in H1-18.
