Egyptian Endowments Authority records 15.4% higher revenue in Q1

Revenues rose by 13%

  

Cairo – Mubasher: The Egyptian Endowments Authority has achieved record revenues and profits during the first quarter (Q1) of fiscal year (FY) 2021/2022.

Total revenues and profits amounted to EGP 363.899 million during the July-September period, an increase of EGP 48.515 million or 15.4% year-on-year (YoY), according to a statement on Wednesday.

Revenues rose by 13% to EGP 100.052 million in July, by 33.8% to EGP 122.5 million in August, and by 4.4% to EGP 141.254 million in September.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Funds