Egypt’s Arafa 9-month net profit more than doubles

Arafa Holding, Egypt's biggest garment exporter, saw its net profit more than double in the nine-month period from February to October, the Egyptian stock exchange said on Sunday.

Net profit was US$13 million, up from US$6 million in the same period a year ago, the statement said, without providing further details. Arafa's financial year ends on 31 January.

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