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El-Ahli Investment’s profits drop in Q1

El-Ahli Investment’s profits drop in Q1

ArabFinance: El-Ahli Investment and Development (AFDI) announced Thursday, in a statement sent to EGX, the financial results for the fiscal period starting January 1, 2019, and ending March 31, 2019.

The company posted standalone net profits of EGP 703,714, compared to net profits of EGP 2 million recorded in the same period a year ago.

Moreover, the firm recorded EGP 3.9 million consolidated net profits in the aforementioned period, in comparison with EGP 4.95 million in the year-ago period.

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