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Monday, 1 August 2016

Earnings Roundup

Alexandria Minerals Oil Company recorded net profit of EGP 435 mn during FY2015-16, according to an EGX statement, up from EGP 340 mn one year earlier, Mubasher writes.

Abu Qir Fertilizers reported a 12.95% y-o-y rise in net profit after tax for FY2015-16, closing the period with a bottom line of EGP 1.02 bn. Revenues rose 11.04% y-o-y to EGP 3.93 bn, according to a regulatory filing.

Credit Agricole Egypt reported a 31.8% rise in 1H2016 consolidated net profit, closing the period with EGP 630 mn on its bottom line on revenues of EGP 1.47 bn (up 11.2%), according to a regulatory filing.

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