Home Tech/AIIndustry & Trade Egypt’s Arab Moltaqa Investment 9-month net profit ups to 35mn pounds

Egypt’s Arab Moltaqa Investment 9-month net profit ups to 35mn pounds

by Yomna Yasser

Nine-month net profit of Egypt’s Arab Moltaqa Investments Company (AMIC) rose to 35 million Egyptian pounds ($2 million), the company said Sunday in a bourse filling.

Earlier, profit stood at 32.5 ‍​million pounds during the first nine months of 2016.

The company made revenues worth 540.9 million pounds up from 368 million pounds last year.

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