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Reacap Financial profits soar to LE49m ending June 2018

Reacap Financial profits soar to LE49m ending June 2018

ArabFinance: Reacap Financial Investments (REAC) announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2018, and ending June 30, 2018.

The company posted consolidated net profits of LE48,858,871, versus net profits of LE5,237,767 in the same period a year ago, taking into account the minority rights. 

Moreover, it incurred standalone net losses of LE1,307,649, versus net losses of LE1,168,834 in the same period last year.

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