Cairo- Mubasher: The financial statements of Assiut Islamic Trading indicated a 42.2% year-on-year increase in profit during the first half of 2019.

Net profits stood at EGP 3.46 million during the period, compared to EGP 2.43 million in the corresponding period in 2018, the company disclosed on Sunday.

Assiut Islamic Trading’s revenues rose to EGP 5.97 million in H1-19, compared to EGP 5.01 million in H1-18.

In the first quarter of 2019, the company registered a net profit worth EGP 1.69 million, compared to about EGP 987,750 in the corresponding period last year.