Earnings Watch: Telecom Egypt reports FY2017 results

EARNINGS WATCH- Telecom Egypt reported an 18% y-o-y rise in net profit after tax in 2017 to EGP 3.2 bn, up from EGP 2.7 bn during the previous year, according to an EGX filing (pdf). Consolidated revenues recorded EGP 18.6 bn, marking a 33% y-o-y increase.