FINANCIAL NEWS

Egypt’s transport firm reveals plan to achieve growth, boost profits

07 Dec 2016

(MENAFN) The Egyptian Transport and Commercial Services Co. (Egytrans), an integrated transport and logistics firm have revealed a plan to achieve growth and increase revenues.

Accordingly, the firm managed to implement the strategy over the past period, aiming to increase incomes and achieve higher profitability amid spreading its investments.

Meanwhile, the plan has resulted in an annual growth of 14 percent from 2010 to 2016, while its stocks price has also grew by 43 percent amid the same period.

Accordingly, the company’s revenues have reached a total of EGP141mn, while the number will jump to EGP175mn by the fourth quarter of this year.

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