Latest news with #EGYtrans
Zawya
3 days ago
- Business
- Zawya
Egypt: EGYtrans' standalone profits plunge 96.1% YoY in Q1 2025
Arab Finance: Egyptian Transport and Commercial Services Company (EGYtrans) recorded standalone net profits after tax worth EGP 5.255 million in the first quarter (Q1) of 2025, as per the financial results. The generated profits were lower by 96.1% year-on-year (YoY) than EGP 133.048 million. Basic earnings per share (EPS) retreated to EGP 0.03 in Q1 2025 from EGP 0.85 in Q1 2024. The sales hiked by 47% YoY to EGP 266.512 million at the end of March 2025 from EGP 181.291 million. Regarding the consolidated results, EGYtrans posted 230.14% YoY higher consolidated net profits attributable to the owners at EGP 204.560 million in Q1 2025, compared to EGP 61.961 million. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
25-02-2025
- Business
- Zawya
EGYtrans to raise subsidiary's capital to $1.5mln
Egypt - Egyptian Transport and Commercial Services Company's (EGYtrans) board agreed to increase EGYtrans Automotive Solutions' capital to $1.5 million from $200,000, according to a bourse disclosure. The board members greenlighted the transaction during their meeting that was held on February 23rd, 2025. EGYtrans Automotive Solutions is a 99.99%-owned subsidiary of EGYtrans. Established in 1973, the company is engaged in the provision of transport and logistics solutions in Egypt. The company offers a range of services including sea freight, air freight, consolidation, warehousing, exhibitions, and project logistics and specialized transport. Other services include customs clearance, packing, and land transportation. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
