The activity revenues increased to EGP 467.7 million in the January-June period from EGP 386.8 million in the corresponding period a year earlier, the company said in a bourse disclosure on Thursday.
As for standalone business, the company logged net profits of EGP 12.04 million in H1-21, versus net losses of EGP 44.32 million in H1-20.
During the first quarter (Q1) of 2021, ASCOM incurred net losses of EGP 30.06 million, up from EGP 23.24 million in Q1-20, including minority shareholders' rights.
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