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International Company for Investment sees lower H1 profits

International Company for Investment sees lower H1 profits
The company earned EGP 1.7 million in H1 - Photo Credit: Mubasher

Cairo – Mubasher: International Company for Investment and Development said its standalone profits for the first six months fell 4.5% year-over-year, according to a bourse filing.

The company earned EGP 1.7 million in H1, compared with EGP 1.8 million for the year-ago period.

Over the first quarter, the company’s profits fell 67.4% to EGP 687,900.