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Export Development Bank profits jump to LE790 m in FY2017/18

Export Development Bank profits jump to LE790 m in FY2017/18

ArabFinance: Export Development Bank (EXPA) announced in a statement sent to EGX, the audited financial results for the fiscal period starting July 1, 2017, and ending June 30, 2018.

The company posted consolidated net profits of LE790,327,387, versus net profits of LE540,074,530 in the same period a year ago, taking into account the minority rights. 

Moreover, it posted standalone net profits of LE702,786,837, versus net profits of LE502,074,581 in the same period last year.

The Board of Directors (BoD) suggested dividends attributable to shareholders of LE136,400,000 for the fiscal year ending June 30, 2018. 

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