During the first nine months of 2022, the financial statements of Egypt’s gas company showed that the company’s profits increased by 261. 95% on an annual basis.
The company said in a statement to the “Egypt Stock Exchange” website that it achieved profits of 152. 49 million pounds during the period from January to the end of September 2022, compared to profits of 42. 13 million pounds in the comparative period of last year.
The activity revenues rose to 5.
09 billion pounds during the nine months, compared to revenues of 3. 62 billion pounds in the comparative period of last year.
Egypt’s gas achieved profits of 103. 52 million pounds during the period from January to the end of June 2022, compared to profits of 23. 89 million pounds in the comparative quarter of last year.
The activity revenues increased during the first six months of this year to 3. 06 billion pounds, compared to revenues of 2. 25 billion pounds in the comparative half of last year.
Source: Egyptian media.
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