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30-Nov-2016

Arabia Investments, Development and Financial Investment Holding Co. reports EGP9mn profit for 3Q16

Arabia Investments, Development and Financial Investment Holding Co. [AIND.CA] has just reported its 3Q16 financial results, with profit of EGP9mn (vs. losses of EGP21mn in 3Q15, +21% Q-o-Q). Revenue came in at EGP426mn (-4% Y-o-Y, +20% Q-o-Q), while gross profit came in at EGP49mn (-11% Y-o-Y, +32% Q-o-Q). (Company disclosure)

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