Saudi Egyptian Investment Q1 earnings shrink 94%

Cairo – Mubasher: Saudi Egyptian Investment and Finance’s Q1-16 earnings fell 94.13% year-on-year to EGP 5.03 million ($567,620) from EGP 85.66 million ($9.67 million), said the company in a bourse filing.

In 2015, the company earned a net of EGP 105.2 million, compared with EGP 32.3 million a year earlier.

Earlier, its ordinary general meeting approved paying out FY15 dividends at EGP17 per share. 

Mubasher Contribution Time: 16-May-2016 09:04 (GMT)
Mubasher Last Update Time: 16-May-2016 09:04 (GMT)