Cairo – Mubasher: El Orouba Securities Brokerage Company’s unaudited financial statements for the fourth quarter of fiscal year 2016 showed a net profit of EGP 799,000, compared to a net loss worth EGP 3.192 million for Q4-15.
The company trimmed its losses for 2016 to EGP 401,700 from EGP 4.207 million for fiscal year 2015, according to a bourse filing.
Foreign exchange earnings amounted to EGP 1.282 million in 2016, another statement said.
The company’s stock was last traded at EGP 0.55.
