Cairo – Mubasher: Saudi Egyptian Investment and Finance reported a 10.1% year-on-year decrease in its profits during the first quarter of 2017, according to a bourse statement.

Profits reached EGP 4.52 million in the three-month period ended 31 March of 2017, compared to EGP 5.03 million in the same period of 2016.

Activity revenues reached EGP 6.9 million in the first quarter of 2017, compared to EGP 6.5 million of 2016.

The company’s profits reached EGP 16.32 million in 2016, compared to EGP 105.2 million in 2015.