ArabFinance: Egypt Free Shops Company (EFSC) (MFSC) posted a standalone net profit of EGP 91.496 million in the first nine months of the fiscal year 2020/2021, according to the company’s unaudited financial statements filed to the Egyptian Exchange.
This marked a Year on Year (YoY) decline of 21% when compared to EGP 116.309 million in the July-March period.
EFSC posted a net profit of EGP 67.22 million during the July-December period of 2020, compared to EGP 72.25 million in the corresponding period of 2019
The listed company is an Egypt-based public shareholding company engaged in the import and sale of duty-free goods and consumer products. It offers several brands and types of alcoholic beverages, tobacco, fragrances, and gift items.