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Rana Mamdouh
The consolidated accounts of the Egyptian and Kuwaiti holding company for the first half of this year show a 13.5% increase in net profit compared to the corresponding period.
The company posted net income of $ 71.869 million in the first half of this year, compared to $ 63.304 million in the comparative period, including minority interests, the company said in a statement.
Revenues for the same period were $ 267.925 million, compared with $ 224.836 million for the same period.
Gross profit margin for the first half of the year was $ 86.643 million compared to $ 69.516 million for the same period last year.
Earnings per share for the same period was 4.69 cents versus 4.16 cents for the same period.
In terms of independent operations, the Egyptian Kuwaiti holding company's financial statements indicate that net income for the first half of this year fell to $ 15.226 million, compared to $ 15.805 million for the same period last year. ;Previous exercice.
Total revenue from the activity decreased over the same period to $ 20,266 million from £ 27,032 million in the same period.
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