Arab Cotton Ginning July-Dec profit jumps

DNE
DNE
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CAIRO: Egyptian textiles firm Arab Cotton Ginning’s 2010 July-December net profit jumped to LE 56.2 million ($9.5 million) from 20.7 million for the same period of 2009, the firm said on Monday.

The firm’s revenues for the six month period was LE 603.9 million versus LE 383.5 million in the same period of 2009, the firm said in a statement to the bourse.

 

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