Egytrans’ unaudited consolidated profits rise 40% in 2021
Updated 2/20/2022 1:20:41 PM
ArabFinance: Egyptian Transport and Commercial Services Company (ETRS) (Egytrans) reported a 39.9% year-on-year (YoY) increase in its consolidated net profit after tax for the full year 2021, according to the company’s unaudited financial income statements filed to the Egyptian Exchange (EGX) on Sunday.
Consolidated net profits after taxes surged to EGP 18.274 million in 2021, from EGP 13.062 million in 2020.
Moreover, standalone net profits after taxes increased by 33.7% to EGP 18.537 million in the year ended December 31st 2021, from EGP 13.868 million the year before.
Egytrans is an Egypt-based company engaged in international sea, air, and land transportation services.
The company offers a wide range of services such as import and export, general cargo handling, dry cargo handling, customs clearance, warehousing, packing, and specialized transportation.
