Cairo – Mubasher: El Orouba Securities Brokerage reported a decline of 9% in its net profits for the third quarter of 2016.

The brokerage firm logged losses of EGP 598,000 for Q3 – 2016, compared with EGP 659,000 for the same period of the preceding year.

As for the first nine months of 2016, the company suffered losses of EGP 1.2 million compared with EGP 1.015 million a year earlier.