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El Wadi profits edge up 3.6% in 2014

El Wadi profits edge up 3.6% in 2014
Photo Credit: Arabianeye-Reuters
El Wadi International
ELWA
0.79% 1.27 0.01

El Wadi for Touristic Investment reported EGP 17.2 million ($6.5 million) in net profits for 2014, compared with 16.6 million ($7.3 million) for 2013, a rise of 3.6%.  

The company posted EGP 18.1 million in net profits in the first months of 2014, compared with EGP 13.5 million for the same period of the previous year.

The company is capitalised at $156 million, divided into 15.6 million shares at EGP 10 par value each.