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Egytrans considers foreign expansion, addition of new activities

Egytrans considers foreign expansion, addition of new activities
These plans are in line with the company’s strategic approach in the coming period
Egytrans
ETRS
-1.73% 10.81 -0.19

Cairo – Mubasher: The Egyptian Transport and Commercial Services Co (Egytrans) is currently studying foreign expansion in the transportation sector, addition of new activities, and monitoring the Libyan and Sudanese markets.

These plans, which are still under consideration, are in line with the company’s strategic approach in the coming period, Egytrans said in a bourse disclosure on Sunday.

Over the course of 2020, Egytrans reported net profits of EGP 13.06 million, compared to EGP 31.82 million a year earlier.