Cairo – Mubasher: Arab Moltaqa Investment on Sunday poted a 6% year-on-year increase in profits for the first half of 2018.  

Net profit amounted to EGP 25.18 million in H1-18, compared to EGP 23.7 million in H1-17, according to the company’s filing to the Egyptian Exchange (EGX) on Sunday.

Revenues recorded EGP 405.2 million during the six-month period ended 30 June, from EGP 346 million in the same period of the prior year.

It Is worth noting that the company’s profit hit EGP 12.8 million during the first quarter of 2018, versus EGP 11.5 million in Q1-17.