CI Capital reports net profit of EGP 304.7 mn

EARNINGS WATCH- CI Capital reported a net profit after tax and minority interest of EGP 304.7 mn in 9M2018, up 128% y-o-y, in a statement on Thursday (pdf). Total revenues for 9M2018 were up 51% y-o-y to EGP 1.8 bn.

Oriental Weavers saw its net income fall 12% y-o-y in 3Q2018 to EGP 96 mn, the company said in its earnings release (pdf). Total revenues fell 2% y-o-y in 3Q2018 to EGP 2.6 bn.