“Egypt Free Shops” wins 91.5 million pounds within 9 months

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The profits of the “Egypt Free Shops” company decreased by 17.9% during the nine months of the current fiscal year, to reach 91.5 million pounds, compared to a net profit of 111.5 million pounds during the same period of the previous fiscal year 2019-2020.

The company’s sales decreased during the nine months to reach 501.9 million pounds by the end of March, compared to total revenues of 613.1 million pounds during the same period of the previous fiscal year.

And she was The company’s profits decreased by 31.3% during the first fiscal quarter of 2020-2021, to reach 23.6 million pounds, compared to a net profit of 34.4 million pounds in the corresponding quarter of the last fiscal year.

Revenues decreased to reach 144.6 million pounds during the three months ending last September, compared to total revenues of 213.1 million pounds in the comparative period of the fiscal year 2019-2020.

The company recorded an independent net profit of 23.05 million pounds from the beginning of July until the end of last September, compared to 34.07 million pounds during the same period last fiscal year.

The company achieved a combined profit of 108.9 million pounds during the fiscal year ending last June, compared to a profit of 117.009 million pounds in the comparative period last year.

The company’s revenues declined during the period to 675.5 million pounds, compared to 709.9 million pounds in the previous fiscal year.

The article “Egypt Free Shops” profits 91.5 million pounds within 9 months, it was written in the Al-Borsa newspaper.