Acrow Misr Announces Financial Results for the Second Quarter and First Half of Ended June 30, 2019
October 03, 2019 at 02:57 pm EDT
Acrow Misr announced financial results for the second quarter and first half of ended June 30, 2019. The company reported Net profits plunged to EGP 72.25 million in the six-month period ended 30 June, compared to EGP 124.5 million in the corresponding period a year earlier. Revenues edged down to EGP 615.4 million in first half-19 from EGP 631.13 million in first half-18.
For the second quarter of 2019, the company reported net profit of EGP 23.2 million, compared to EGP 61.6 million in Q2-18.