Egyptians for Investment earnings surge 78% in 9 months

Cairo - Mubasher: Egyptians for Investment and Urban Development posted an increase of 78.2% to EGP 1.7 million in net profits for the first nine months of 2015.

The company's net profits stood at EGP 956,600 at the comparable period of the previous year.

The firm's topline climbed to EGP 22.2 million in this nine month-period, up from EGP 19.15 million a year earlier.

Earlier, the company said it posted net profits of EGP 1.2 million in the first half of 2015, a rise by 41% from EGP 896,500 for the comparable period in the preceding year.

Mubasher Contribution Time: 15-Nov-2015 14:12 (GMT)