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Vertika posts profit of EGP 257,000

Vertika posts profit of EGP 257,000

ArabFinanceVertika for Industry and Trade posted a net profit of EGP 256,857 in quarter one (Q1) 2021, according to the company’s financial statements filed to the Egyptian Exchange.

This marked a Year on Year (YoY) rise of 61% when compared to EGP 159,343 in Q1 2020.

Vertika’s ordinary general assembly approved distributing 0.30 free share for every one held. 

Founded in 2005 and listed on EGX in 2013, Vertika offers information technology and business consulting services, while developing and distributing software and applications.

The company also provides telecommunication infrastructure development and internet education services.

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