The consolidated financial statements of Egyptians Abroad for Investment and Development showed a 290% surge in profits for the first quarter of 2017, according to a bourse filing. The company said in a statement to the Egyptian Exchange (EGX) last Monday that profits totaled EGP 14.04 million in Q1-17 compared to EGP 3.65 million in the same period last year. Revenues rose from EGP 15.24 million in Q1-16 million to EGP 32.25 million in the first three months of this year.
