(2014-03-16) El Ahli Investment posts 86.7% profit hike in FY13 he consolidated financial statements of El Ahli Investment and Development showed that FY13 net profit moved 86.7% higher to EGP 7.75 million, compared to EGP 4.15 million a year earlier.
Non-consolidated results for FY13 mirrored EGP 756 thousand of net loss, compared to EGP 4.3 million in FY12.
The company’s financial results for the first nine months of FY13 had shown EGP 5.349 million net profit, with a surge by 115% compared with EGP 2.485 million net profit in the year-ago period.