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Zahraa Maadi records EGP 34m profit in Q1

Zahraa Maadi records EGP 34m profit in Q1
Zahraa Maadi registered EGP 92.92 million sales in Q1-19
Zahraa Maadi
ZMID
-3.99% 6.98 -0.29

Cairo – Mubasher: Zahraa Maadi Investment and Development achieved a growth of 8.48% in profits during the first three months of 2019 when compared to the same period last year.

Net profits increased to EGP 34.27 million in Q1-19 from EGP 31.59 million in Q1-18, according to a bourse statement on Monday.

Zahraa Maadi registered EGP 92.92 million worth of sales by the end of March 2019, compared to EGP 74.03 million in Q1-18.