The first-nine-month revenue also saw an increase - Photo Credit: Reuters
Gemma
ECAP
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ECAP
Cairo – Mubasher: Al Ezz for Ceramics and Porcelain's net profit for the third quarter jumped 320% to EGP 5.47 million from EGP 1.3 million, according to a bourse filing on Monday.
Over the first nine months, the company earned EGP 19.97 million, higher 21.1% year-over-year from EGP 16.5 million.
The first-nine-month revenue also saw an increase after hitting EGP 483.223 million, higher 11.5% from EGP 433.23 million for the year-ago period.
In the first six months, net profits fell 18.5% to EGP 14.5 million.
Source:
Mubasher