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El Orouba Securities turns profitable in Q1

El Orouba Securities turns profitable in Q1
Net profit reached EGP 90,500 in Q1-16 (Photo credit: Mubasher)

Cairo – Mubasher: El Orouba Securities Brokerage Company reported on Monday a net profit of EGP 90,500 in the first quarter of the fiscal year 2016, against net losses of EGP 269,000 in Q1-15, according to a bourse filing.

The company earlier reported a net profit of EGP 4.2 million in 2015.