As per standalone results, the company turned into losses by $6.69 million during January/June period of 2020, compared to profits of $3.16 billion in the same period of prior year.
Moreover, the company’s standalone profits recorded LE 2.15 billion during the period of 2020, compared to LE 2.08 billion during the same months of 2019.
EFG Hermes' finacnial indicators revealed accomplishing revenues of LE 2.98 billion during the first six months of 2020, down from LE 3.16 billion during the same months of 2019.
The company's financial indicators revealed that revenues hit LE 14.94 billion during the first half of 2020, up from LE 12.69 billion in the same period of 2019, with a growth of 18 percent.
As per standalone results, the bank’s profits reached LE 5.001 billion, compared to LE 5.35 billion in the first half of 2019.
The company’s indicators showed that the operating profits hit LE 272.17 billion during the 2020period, compared to LE 322.27 billion during the compared period of 2019.
As per standalone results, the company recorded profits of LE 41.56 million, compared to LE 18.27 million during the same period of 2019.
GB Auto’s financial indicators revealed an increase in sales to LE 216.15 million during January-March period of 2020, up from LE 5.84 million during the same period of 2019.
The company's sales rose to LE 1.78 billion during January-March period of 2020, compared to LE 1.73 billion in the comparable period of last year.
The bank’s financial indicators revealed recording net income from revenue at LE 3.848 billion, compared to LE 3.02138 billion in the same quarter of 2019.
As per standalone results, the company turned into profitability by LE 72.144 million, compared to losses of LE 12.8 million in 2018.
As per standalone profits, the company recorded profits of LE 634 million during 2019, compared to LE 153.7 million in 2018.
As per standalone profits, AMER recorded profits of LE 60.43 million in 2019, compared to LE 30.66 million in 2018.
This was announced during a meeting of the general assembly of the state-owned company under Supply Minister Ali el Meselhi.
It also showed that sales revenues rose to LE 2.91 billion during 2019, up from LE 2.37 billion in 2018.
According to a filing to the Egyptian Exchange (EGX), the revenues rose to LE 59.32 million, compared to LE 56 million in the previous year.
During the fourth quarter, the company turned into profitability, reaching consolidated profits of LE 1.2 billion, compared to a loss of LE 209.25 million during the same quarter of 2018.
The bank’s revenues increased to LE 23 billion in 2019, marking an increase of 13 percent on a year-on-year (YoY) basis.
The Company's net sales in 2019 jumped 8 percent, recording LE recorded EGP 2.587 billion.
Memphis attributed its profitability shift to increased production and sales during the period.