Saudi Egyptian Investment profits drop 43% in Q3

Cairo - Mubasher: Saudi Egyptian Investment and Finance Company reported a decline in profits by 43% in the third quarter of 2016 to EGP 3.2 million compared to EGP 5.58 million in the same quarter last year.

Profits also dropped 87% in the first nine months of the year to EGP 12.64 million compared to profits of EGP 95.7 million in the same period in 2015, the company said in a statement to the Egyptian Exchange (EGX) on Sunday.

Mubasher Contribution Time: 06-Nov-2016 19:09 (GMT)
Mubasher Last Update Time: 06-Nov-2016 19:09 (GMT)