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Wireless

Orange Egypt swings to net profit in Q1, revenues rise 7.4%

Monday 30 April 2018 | 11:30 CET | News
Orange Egypt said net profit amounted to EGP 16 million for the first three months to 31 March, compared with a net loss of EGP 301 million in the same period of 2017. Revenues increased to EGP 3.29 billion from EGP 3.06 billion in 2017, reflecting growth of 7.44 percent. The gross margin amounted to EGP 2.52 billion versus EGP 2.32 billion in 2017, equal to growth of 8.52 percent. 

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