Monday 23 December 2024
 
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cable maker

Egypt's Sewedy H1 net plunges 34pc

Egypt's El Sewedy Electric, the Arab world's biggest listed cable maker, posted a 34 per cent drop in first-half net profit, according to figures published by the Egyptian stock exchange on Tuesday. The net profit was 352.3 million

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El Sewedy Electric Q1 net drops 32pc

El Sewedy Electric, the Arab world's biggest listed cable maker, on Monday reported a 32 percent drop in first-quarter net income to 171.3 million Egyptian pounds ($28.8 million). El Sewedy, which has production plants in Egypt and 10 othe

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