Mubasher TV
Contact Us Advertising   العربية

El Wadi Touristic Investment H1 profit rises 40%

El Wadi Touristic Investment H1 profit rises 40%
El Wadi International
ELWA
1.61% 0.62 0.01
The board of El Wadi for Touristic Investment endorsed financial indicators for H1-14, which showed 40% increase in net profit to EGP 16.1 million, compared with EGP 11.5 million in the same period a year earlier.
The company’s board had approved financial indicators for the first three months of FY14. El Wadi reported net profit of EGP 8.3 million for Q1-FY14 with growth by 12.8%,
compared to EGP 7.4 million in the same period a year earlier.
The company posted EGP 16,571,040 net profit in FY13, compared to EGP 15,449,878 in FY12.