Cairo – Mubasher: Egypt- South Africa for Communication (Egysacom) announced a 14.8% profit decrease during the third quarter of 2016, according to a bourse filing on Thursday.

Q3 net profit thus reached EGP 62,200, compared with EGP 72,990 for the year-ago period.

Over the first nine months, the company earned EGP 353,220, higher 2.7% year-on-year from EGP 343,790.

In the first six months, net profits declined 10% year-on-year to EGP 291,020 from EGP 323,450.