Revenues of Public Business Sector firms hit EGP 90bn in FY16/17 - El Sharkawy

Cairo – Mubasher: Egypt's minister of the Public Business Sector, Ashraf El Sharkawy, said that revenues of the ministry subsidiaries reached EGP 90 billion in fiscal year 2016/2017.

The initial indicators showed that the firms’ net profit exceeded EGP 6 billion in FY16/17, El Sharkawy added.

Compensation of employees will surpass EGP 14.8 billion, improving by more than EGP 1 billion for FY15/16, he highlighted.

 

Mubasher Contribution Time: 18-Sep-2017 12:54 (GMT)
Mubasher Last Update Time: 18-Sep-2017 12:54 (GMT)