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EGX 30 14,047.71 -4.71%



EGX listed firms post 17% increase in profits in H1\15

EGX listed firms post 17% increase in profits in H1\15

Arab Finance: Egyptian Stock Exchange announced that 177 listed firms reported its financial results for the first half of 2015.

EGX revealed that 135 firms posted total profit of LE 14.5 billion, while 39 firms incurred LE 570 million loss; compared with LE 12.4 billion profits by 147 firms and LE 544 million loss by 27 firms in the same period last year.

EGX Chairman Mohamed Omran stated that the improvement in profits of the listed firms reflects the improvement of its financial positions.

Source: EGX & Arab Finance editor

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