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Osool Securities Brokerage turns profitable on 9M

Osool Securities Brokerage turns profitable on 9M
The board of Osool ESB Securities Brokerage endorsed on Tuesday the company’s financial indicators for the nine-month period that ended on September 30, 2014.
These indicators mirrored EGP 4.1 million net profit, against EGP 1.3 million net loss in the same period a year earlier.
The company’s total revenues amounted to EGP 16.7 million, compared with EGP 6.5 million in the first nine months of FY13.
Financial results for H1-14 had shown EGP 3.4 million net profit, against EGP 1.3 million net loss in the year-ago period.
The company had posted EGP 2.1 million net profit in Q1, against EGP 735 thousand net loss in Q1-13.