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Assiut Islamic National reports EGP 8M net profit

Assiut Islamic National reports EGP 8M net profit

ArabFinance: Assiut Islamic National for Trading and Development (AITG) achieved a net profit of EGP 8.17 million in 2020, compared to EGP 7.22 million in 2019, according to the company’s February 25th statement to the Egyptian Exchange.

The company reported a slight Year on Year increase in its net profit in the first half of 2020, recording EGP 3.52 million, compared to EGP 3.46 million in the corresponding period of 2019.

Assiut Islamic is an Egypt-based public shareholding company engaged in the trade and distribution of building materials and agricultural machinery, and in the transportation sector. It is involved in marketing all types of grains, seeds, and agricultural crops, as well as the sale and export of cotton.

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