Al Moasher Q1 profit increases
Updated 6/16/2020 3:00:00 PM
ArabFinance: Al Moasher for Programming and Information Dissemination (AMPI) reported a 19% Year on Year decline in its net profit in Quarter one (Q1) of 2020, according to the company's June 16th financial statements filed to the Egyptian Exchange.
Net profit stood at EGP 53,315 in Q1 2020, compared to EGP 65,723 posted in Q1 2019.
In the first nine months of 2019, the company posted a net profit of EGP 455,792, compared to EGP 35,783 posted in the prior-year period.
Established in 2003, Al Moasher operates within the software and services sector focusing on application software.
