Egypt Free Shops logs EGP 46.3M standalone profit in 3 months

Updated 11/9/2021 10:46:15 AM

ArabFinanceEgypt Free Shops Company (EFSC) (MFSC) posted a standalone net profit after tax of EGP 46.38 million for the three-month period ended September 30th, 2021, up from EGP 23.05 million in the prior-year period, according to the company’s standalone financial statement filed to the Egyptian Exchange (EGX).

Total operating revenue recorded EGP 234.74 million in the July-September period of 2021, growing from EGP 143.27 million in the same period of 2020.

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.