Second Quarter 2017 Results
(World News Egypt)

Second Quarter 2017 Results Good growth in Egypt and Exports drive quarter-on-quarter topline growth Alexandria, 14th August 2017 - Lecico Egypt announced consolidated results for the second quarter of 2017. Revenue up 69% to LE 586.0 million. The Company reported an Operating (EBIT) of LE 47.7 million (8.1% margin) compared to an operating loss of LE 19.4 million due in 2Q 2016. Lecico reported a net profit of LE 13.7 million (2.3% margin) compared to a loss of LE 39.1 million in the same period last year. For the first six months, revenue up 70% to LE 1,131.8 million. The Company reported an operating profit (EBIT) of LE 100.3 million (8.9% margin) compared to an operating loss of LE 45.9...