Financial statement results for the period from 1/1 to 30/6/2011
The Egyptian Transport & Commercial Services Co. (EGYTRANS) announced the financial statement results for the period from 1/1 to 30/6/2011 as follows: Total Sales (Turnover) for the period from 1/1 -30/6/2011 reached EGP 69,961,900 compared to EGP 60,708,573 for the same period of 2010, with an increase of EGP 9,253,327 or 15.2%.
Gross Profit for the period from 1/1 – 30/6/2011 reached EGP 9,895,321 compared to EGP 7,675,635 for the same period of 2010 with an increase of EGP 2,219,686 or 28.9%. Net profit for the period from 1/1 – 30/6/2011 reached EGP 6,830,666 compared to EGP 7,456,423 for the same period of 2010 with an increase of EGP 625,757 or 8.4%. Earnings per share reached EGP 0.39 for the period from 1/1 – 30/6/2011 compared to EGP 0.69 in 2010, noting that earnings per share were calculated based on company capital of EGP 156,062,500 compared to company capital of 97,729,170 for the same period of 2010.