Saudi Egyptian Investment and Finance sees 15% higher profit in 2020

Cairo – Mubasher: Saudi Egyptian Investment and Finance logged EGP 26.71 million in net profits during 2020, up by 14.8% year-on-year (YoY) from EGP 23.26 million, the unaudited financial results showed.

Revenues grew to EGP 31.67 million last year, compared to EGP 28.54 million in 2019, the company said in a bourse disclosure on Monday.

During the first nine months of 2020, Saudi Egyptian Investment and Finance achieved net profits of EGP 16.67 million, down from EGP 18.99 million in the corresponding period a year earlier.

Mubasher Contribution Time: 22-Feb-2021 10:07 (GMT)
Mubasher Last Update Time: 22-Feb-2021 10:07 (GMT)