Egypt: Eastern Company sees 36% YoY profit surge in 9 months
Arab Finance: Eastern Company recorded net profits after tax valued at EGP 7.009 billion in the first nine months of fiscal year (FY) 2024/2025, an annual surge of 36% from EGP 5.172 billion, as per the financial results.
Net revenues jumped by 99% year-on-year (YoY) to EGP 27.352 billion in the nine-month period that ended on March 31 st, 2025, compared to EGP 13.716 billion.
In the first half (H1) of FY 2024/25, Eastern Company posted 86% higher net profits after tax at EGP 5.382 billion, versus EGP 2.896 billion in H1 FY2023/24.
© 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
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