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Wireless

Orange Egypt revenue up 8% to EGP 6.3 bln in H1

Tuesday 31 July 2018 | 15:39 CET | News
Orange Egypt's revenue increased by 7.9 percent to EGP 6.61 billion in the first six months of 2018. The gross profit rose 8.5 percent to EGP 5.05 billion, while the net loss amounted to EGP 253 million, less than the EGP 1.10 billion in 2017. Orange said the losses were due to inflation driving up costs, imported equipment and continued high borrowing costs. 

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Categories: Mobile & Wireless
Companies: Orange Egypt
Countries: Egypt
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