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Pharaoh Tech FY14 profit rises 21%

Pharaoh Tech FY14 profit rises 21%
Photo Credit: Arabianeye-Reuters
Pharaoh Tech
PTCC
1,744.66% 19.00 17.97

Cairo-Mubasher: Pharaoh Tech for Control and Communication Systems posted a 20.9% increase in net profit for the fiscal year 2014 to EGP 1.1 million ($144.56 thousand), the company said in a bourse filing Thursday.

The company had generated EGP 557.1 thousand in net profit for the first nine months of 2014, compared with EGP 531.4 thousand in the year-ago period.

Pharaoh Tech recorded EGP 6.75 million revenues in 2014, up from EGP 6.65 million in 2013.