Egytrans reports 10% profit drop in 9M initial financials

Cairo – Mubasher: The Egyptian Transport and Commercial Services Co (Egytrans) posted consolidated net profits of EGP 10.84 million in the first nine months of 2021, down by 10.2% year-on-year (YoY) from EGP 12.07 million, the unaudited financial results showed. 

The revenues increased to EGP 200.6 million in the January-September period, compared to EGP 149.4 million in the corresponding period a year earlier, the company said in a bourse disclosure on Monday. 

As for standalone business, Egytrans logged net profits of EGP 15.09 million in the nine-month period ended 30 September, up from EGP 13.5 million in the prior-year period. 

In the first half (H1) of 2021, the company reported net profits of EGP 6.42 million, down from EGP 9.57 million in H1-20. 

Mubasher Contribution Time: 08-Nov-2021 07:23 (GMT)
Mubasher Last Update Time: 08-Nov-2021 07:23 (GMT)