Mubasher TV
Contact Us Advertising   العربية

Saudi Egyptian Investment Q2 profits leap 68%

Saudi Egyptian Investment Q2 profits leap 68%
Saudi Egyptian Investment on Monday posted a 68.4% year-on-year hike in profits

Cairo – Mubasher: Saudi Egyptian Investment and Finance on Monday posted a 68.4% year-on-year hike in profits, according to a statement.

The firm achieved profits of EGP 7.11 million in the three months ended June 2017 from EGP 4.22 million in the corresponding period of 2016.

In the first half of 2017, the profits of the company soared 26% to reach EGP 11.63 million from EGP 9.25 million in H1-16.

The company’s profits amounted to EGP 4.25 million in the three months ended June, versus EGP 5.03 million in the same period of the year before.