EGYtrans’ consolidated profits up 34.34% YoY in 2023
Updated 2/29/2024 12:21:00 PM
Arab Finance: Egyptian Transport and Commercial Services Company (EGYtrans) posted a 34.34% year-on-year (YoY) increase in consolidated net profits after tax and non-controlling interest during 2023, recording EGP 61.960 million from EGP 46.121 million, according to a statement on February 29th.
Consolidated operating revenues dropped to EGP 414.124 million during the January-December period of 2023 from EGP 400.103 million during the same period a year earlier.
The company’s standalone net profits after tax increased to EGP 57.654 million in 2023, up from 40.413 million in 2022.
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.
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