Arab Cotton Ginning 6-month net at $3.4m
Cairo, February 21, 2010
Egyptian textiles company Arab Cotton Ginning posted net profit of EGP18.5 million ($3.37 million) for July-December 2009, the stock exchange said on Sunday.
The firm posted net profit of EGP17.3 million for the same period a year earlier.
The stock exchange statement did not provide further details.
Shares in the firm were trading 2.1 per cent higher at 4.96 pounds by 0906 GMT.-Reuters
