Egypt Free Shops posts higher standalone profit in 6 months
Updated 1/19/2022 10:52:12 AM
ArabFinance: Egypt Free Shops Company (EFSC) (MFSC) posted a standalone net profit after tax of EGP 95.38 million for the six-month period ended December 31st 2021, up from a profit of EGP 67.20 million in the same period of 2020, according to the company’s standalone financial statement.
In the three-month period ended December 2021, the company’s standalone net profit after tax reached EGP 48.99 million, up from EGP 44.14 million in the same period of 2020.
Standalone operating revenue totaled EGP 466.46 million in the July-December period of 2021, as compared to EGP 348.89 million in the corresponding period of 2020.
EFSC is an Egypt-based company listed on the Egyptian Exchange (EGX) that is 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.
