Cairo – Mubasher: Suez Bags Co. reported 9% growth in consolidated net profit for the first half of 2015 to EGP 14.6 million ($1.86 million), compared with EGP 13.38 million ($1.70 million) in the same period a year earlier.

The company’s Q1 net profit amounted to EGP 6.8 million, down 14% year-on-year from EGP 7.9 million.

FY14 net profit had amounted to EGP 33.8 million ($4.4 million), up 21.6% from EGP 27.8 million ($3.6 million) a year earlier.