Osool ESB Securities profit dives 74%

Updated 6/14/2020 2:55:00 PM

ArabFinance: Osool E.S.B for Securities Brokerage (EBSC) posted a 74% Year on Year decline in its net profit in Quarter one (Q1), according to a June 14th financial statements filed to the Egyptian Exchange.

Net profit stood at EGP 1,003,212 in Q1 2020, compared to EGP 3,829,811 achieved in Q1 2019.

In 2019, the company posted a net profit of EGP 1,107,378, compared to EGP 1,423,171 reported a year earlier.

Osool ESB is an Egypt-based company engaged in the securities brokerage sector. The company offers a range of tools include snap tickets, trigger orders, saved orders, web market watch and customizable trading application, and online trading system training services.