EARNINGS WATCH- Americana Egypt profits halve in 2019: Americana Egypt’s net profit plunged 48.4% in 2019 to EGP 15.1 mn down from EGP 29.3 mn in 2018, according to the company’s consolidated earnings statement (pdf). The drop in profits come despite the company seeing revenues rise 11.7% to EGP 4 bn during the year.

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