Latest news with #MisrDutyFreeShops
Zawya
6 days ago
- Business
- Zawya
Egypt: Misr Duty Free Shops' consolidated profits rise 20.79% YoY in 9 months
Arab Finance: Misr Duty Free Shops posted a 20.79% year-on-year (YoY) increase in consolidated net profits attributable to the parent company during the first nine months of fiscal year (FY) 2024/2025, as per a disclosure on May 29th. The firm generated net profits of EGP 305.124 million in the nine-month period ened March 31st, 2025, compared to EGP 252.621 million in the same period of FY 2023/2024. Meanwhile, total operating revenues surged to EGP 1.017 billion from EGP 900.249 million a FY earlier. In the third quarter of FY 2024/2025, net profits excluding minority shareholders' rights rose by 13.03% YoY to EGP 76.351 million from EGP 67.548 million. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
26-02-2025
- Business
- Zawya
Misr Duty Free Shops records 23.5% YoY increase in consolidated profits for H1 FY2024/25
Arab Finance: Misr Duty Free Shops posted 23.56% year-on-year (YoY) higher consolidated net profits attributable to the shareholders at EGP 228.773 million in the first half (H1) of fiscal year (FY) 2024/25, the financial statement showed. The generated net profits were compared with EGP 184.496 million in H1 FY2023/24. Total revenues increased to EGP 734.412 million at the end of December 2024 from EGP 715.513 million a year earlier. Established in 1975, Misr Duty Free Shops is engaged in the import and sale of duty-free goods in foreign and local currencies. The public shareholding company also sells products to consumers without being exempted from taxes in sales fairs at air, sea, and land ports. It also offers several brands and types of alcoholic beverages, tobacco, fragrances, gift items, electrical and household appliances, and housewares. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
