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El Orouba turns profitable in H1-14

El Orouba turns profitable in H1-14
The board of El Orouba Securities Brokerage endorsed financial indicators for H1-14, which mirrored EGP 49.7 thousand net profit, against EGP 328.4 thousand net loss incurred in the same period a year earlier.
H1-14 revenues totaled EGP 1.5 million, compared with EGP 602 thousand in H1-13.
The company’s Q1 net profit soared 690% to EGP 110 thousand, compared with EGP 14 thousand net profit reported in the same period a year earlier