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Export Development Bank earnings leap to LE586 m ending Dec 2018

Export Development Bank earnings leap to LE586 m ending Dec 2018

ArabFinance: Export Development Bank of Egypt (EDBE) (EXPA) announced in a statement sent to EGX, the audited financial results for the fiscal period starting July 1, 2018, and ending December 31, 2018.

The company posted consolidated net profits of LE585,612,049, versus net profits of LE395,943,502 in the same period a year ago, taking into account the minority rights. 

Moreover, it posted standalone net profits of LE546,294,407, versus net profits of LE362,727,180 in the same period last year. 

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