Egypt’s El Sewedy Electric posts Q2 net profit of $68.63 mn

Egypt's El Sewedy Electric lifted second-quarter net profit to LE537.38 million ($68.63 million) from LE103.62 million a year earlier, it said in a bourse statement on Tuesday.

The company reported revenue of 7.1 billion pounds, against LE4.2 billion in the same period last year.

($1 = LE7.8300)

(Reporting by Ahmed Aboulenein; Editing by David Goodman)


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