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Bitumode standalone profits surge to LE21 m ending Dec 2017

Bitumode standalone profits surge to LE21 m ending Dec 2017

ArabFinance: Modern Company for Water Proofing (Bitumode) - (WATP) announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2017, and ending September 30, 2017.

The company posted standalone net profits of LE20,648,210, versus net profits of LE9,792,851 in the same period a year ago.

The Board decided on March 28, 2018, to leave profit distribution decision for Ordinary General Assembly (OGM).

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