Egypt Free Shops reports lower standalone profit

Egypt Free Shops reports lower standalone profit

Egypt Free Shops reports lower standalone profit Egypt Free Shops Company (EFSC) reported a 7.5% Year on Year decline in its standalone net profit in the second half of 2020    ArabFinance: Egypt Free Shops Company (EFSC) reported a 7.5% Year on Year decline in its standalone net profit in the second half of 2020, according to the company's January 19th financial statements filed to the Egyptian Exchange.Standalone net profit stood at EGP 67,202,232 in July-December 2020, compared to EGP 72,643,748 achieved in the prior-year period.EFSC distributed annual cash dividends of EGP 0.995 per share for 2019 on September 24th.The listed company is an Egypt-based public shareholding company engaged in the import and sale of duty-free goods and consumer products. It offers several brands and types of alcoholic beverages, tobacco, fragrances, and gift items.Copyright © 2021 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).Zawya CoverageaviationDnata opens state-of-the-art cargo complex at Manchester Airportoil and gasUAE's Mubadala Petroleum signs deal to explore oil, gas in Red Seaalternative energyAbu Dhabi Fund for Development completes $31.94mln energy projects in partner countriesaviationFlydubai to start double daily flights to QatarequitiesCEO of Saudi's Basic Chemical Industries resignsMoreReuters CoveragecoronavirusChina finds coronavirus cluster in