Cairo – Mubasher: Arab Moltaqa Investment reported a 27.15% year-on-year profit increase during the first half of 2019.
Net profits rose to EGP 32.03 million in H1-19, compared to EGP 25.19 million in H1-18, the company said in a statement to the Egyptian Exchange (EGX) on Wednesday.
Year-on-year, revenues increased to EGP 449.444 million in the six-month period ended 30 June from EGP 405.276 million.
As for standalone business, the company’s profits retreated to EGP 23.362 million in the January-June period of 2019 from EGP 41.784 million in the year-ago period.
