Cairo – Mubasher: Saudi Egyptian Investment and Finance reported an 8.48% year-on-year profit increase during the first half of 2019.
Net profits amounted to EGP 14.884 million in the six-month period ended 30 June from EGP 13.720 million in the year-ago period, the company said in a statement to the Egyptian Exchange (EGX) on Wednesday.
Revenues rose by 8.1% to EGP 18.575 million from January to June, compared to EGP 17.183 million in the corresponding period a year earlier.
During the first quarter of 2019, the EGX-listed firm’s net profits hiked to EGP 10.45 million from EGP 5.45 million in Q1-18.
