Cairo- Mubasher: The financial statements of Arab Engineering Industries indicated a 40.9% year-on-year increase in net profit during the first half of 2019.

The company’s net profits amounted to EGP 4.49 million in the period, compared to EGP 3.19 million in H1-18, the company disclosed on Sunday.

Meanwhile, the company’s sales rose to EGP 35.13 million in H1-19 from EGP 32.6 million in the corresponding period last year.

In the first quarter of 2019, Arab Engineering Industries’ net profits increased to EGP 2.5 million from EGP 1.58 million in the corresponding period last year.