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Raya profit dips 23pc to $7.5m

Cairo, March 30, 2010

Egypt's Raya Technology and Communication made a net profit of EGP41.3 million ($7.5 million) in 2009, down 23 per cent on a year earlier, the stock exchange said on Tuesday.

The firm, which sells mobile handsets, runs call centres and provides outsourced IT services, made EGP53.4 million in 2008. – Reuters




Tags: Cairo | Raya | Net Profit | 2009 |

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