Cairo – Mubasher: The standalone financial results of the Egyptian Transport and Commercial Services Co (Egytrans) declined by 18% year-on-year during the first nine months of 2019.
The company’s net profit reached EGP 29.2 million from January to September 2019, compared to EGP 35.6 million in the year-ago period, according to a bourse statement released on Tuesday.
Meanwhile, revenue went up to EGP 188 million in the January-September period, against EGP 161 million the year before.
It is worth noting that Egytrans’ unaudited consolidated financial results showed a net profit of EGP 23.69 million in the first half of 2019.
