As a result, net income after tax for the year declined by 23.8% to EGP 31.9m down from EGP 41.8m in 2018. The latest figures register a net profit margin of 12.9%, compared to 15.0% in 2018.
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The company’s earnings before interest, tax, depreciation, and amortisation (EBITDA) lost 760.1 bps to reach 19.6% vs. 27.2% for 1H19 and 1H18, respectively, affected by the increase in operating costs by 49% in 1H19.
Net profit boosted by 27% y-o-y reaching 18m
25% CAGR in revenues in three years, says Abir Leheta
Consolidated revenues register expected 45% drop y-o-y in H1 2018, reaching EGP 124m
We are participating in Breakbulk for second year straight; conference is opportunity to form partnerships, says Leheta
The third quarter of 2017 saw Egytrans’ consolidated revenues grow by 106.1% y-o-y to reach EGP 291.6m, driven mainly by the continued positive performance in regular businesses, reflecting Egytrans strategy of focusing on and strengthening different revenue-generating business lines to offset the expected slowdown in mega projects performance during Q3 17, as a result of …
Egytrans signed an agreement with Ahli United Bank to have a facility of EGP 35m as letters of guarantee and about EGP 20m working capital
The company has reported continued growth despite challenging macroeconomic backdrop and resultant operational difficulties
We will negotiate on Electricity Ministry projects for distribution
The transportation and logistics company has revealed a 64% growth y-o-y
Revenues expected to reach EGP 175m by Q4, says CEO