Arab Finance: Egypt Intercontinental for Granite and Marble (EGYSTONE) has reported net profits after tax of EGP 146,666 during the first quarter (Q1) of 2023, versus net losses of EGP 79,770 in the same quarter a year earlier, according to financial statements filed to the Egyptian Exchange (EGX) on May 21^st.

Total operating revenue declined to EGP 992,898 during the first three months of 2023, from EGP 843.634 during Q1 2022.

EGYSTONE is a subsidiary of Salama Group which was established over 40 years ago. The company operates within the materials sector, focusing on construction materials, in addition to the supply and installation of all types of granite and general contracting.

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