Osool Brokerage profits plunge 60% in H1

Cairo – Mubasher: Osool ESB Securities Brokerage registered a decline of 60% in net profits for the first half of 2015, as it reached EGP 1.36 million down from EGP 3.42 million for the same period of the previous year.

The firm saw EGP 1.3 million in net profits for the first quarter of 2015, compared with EGP 2.11 million for the similar period of 2014.

The brokerage is capitalised at EGP 40 million, distributed across 80 million shares at EGP 0.5 par value each.

Mubasher Contribution Time: 11-Aug-2015 11:00 (GMT)