Cairo – Mubasher: International Business Corporation for Trade and Franchise said its profits for the first quarter of 2016 declined 1.18% year-over-year to EGP 911,560 from EGP 922,510, according to a bourse filing.
In 2015, the company registered EGP 3.26 million net profits after tax, compared with EGP 2.43 million in 2014.
