Telecom Egypt posts H1 net profit of 3.9 billion Egyptian pounds, revenue up 16%

CAIRO: Telecom Egypt posted net profit of 3.9 billion Egyptian pounds ($249.20 million) for the first half of 2021, up 88% from the same period last year, the company said in a statement on Monday.

Total consolidated revenue was 17.4 billion Egyptian pounds in the period, up 16% year-on-year, it added.