Home Tech/AIIndustry & Trade Egypt Gas: Net Profit Hits EGP106 mln in H1/13

Egypt Gas: Net Profit Hits EGP106 mln in H1/13

by Yomna Yasser

Egypt Gas (EGAS.CA) reported on Monday its financial results for the first half of 2013 of which the firm has posted net profit of EGP 106 million, compared to EGP 105 million posted a year earlier.

Basic earnings per share for the H1/2013 reached EGP 8.86/share, opposed to EGP 8.82/share for H1/2012.

Equity rights have recorded around EGP 1.09 billion by June-end of 2013, compared to EGP 993.5 million by December-end of 2012.

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