Raya Q1 net profit more than triples
Cairo, May 13, 2010
Egypt's Raya Technology and Communication made a net profit of EGP11.9 million ($2.1 million) in the first quarter of 2010, more than triple the year-ago quarter, the bourse said on Thursday.
The firm, which sells mobile handsets, runs call centres and provides outsourced IT services, made EGP3.6 million in the first quarter of 2009, the stock exchange said. – Reuters