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Egypt’s El Sewedy Electric posts Q2 net profit of $68.63 mln

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CAIRO: Egypt’s El Sewedy Electric lifted second-quarter net profit to 537.38 million Egyptian pounds ($68.63 million) from 103.62 million pounds a year earlier, it said in a bourse statement on Tuesday.

 

The company reported revenue of 7.1 billion pounds, against 4.2 billion pounds in the same period last year.


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