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Egypt Free Shops FY13/14 profit down 3% y/y to EGP44.5mln

Egypt Free Shops FY13/14 profit down 3% y/y to EGP44.5mln
Egypt Free Shops
MFSC
-7.02% 31.20 -2.19
Egypt Free Shops Co. posted EGP 44.5 million consolidated net profit in FY13/14, representing a decline by 2.6% compared with EGP 45.7 million net profit reported in the year-ago period.
Meanwhile, standalone financial results for FY13/14 had shown EGP 44.45 million net profit, compared with EGP 45.49 million in FY12/13.
During the period July-December, 2013, profit fell 17.88% to EGP 20,302,186, compared with EGP 24,724,578 in the in the same period a year earlier.