Mubasher TV
Contact Us Advertising   العربية

EFIC unconsolidated profits decline 63% in H1

EFIC unconsolidated profits decline 63% in H1
Photo Credit: Arabianeye-Reuters

Cairo – Mubasher: Egyptian Financial and Industrial (EFIC) posted EGP 5.26 in unconsolidated net profits for the first half of 2015, compared with EGP 14.36 million for the same period of the previous year, a decline of 63%.

The company's gross profit stood at EGP 49.43 million in H1-2015, compared with EGP 63.6 million for the same period of the previous year.

The firm is capitalised at EGP 693,013 million, distributed across 69.3 million shares at EGP 10 par value each.