Egypt's Arabia Cotton’s consolidated profits up 16% YoY in H1 FY2022/23

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Revenues reached EGP 560.7 million in the six-month period ended December 31st, 2022

Staff Writer, Arab Finance

April 5, 2023

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Arabia Cotton Ginning Company’s (ACGC) consolidated net profits after tax and minority interest rose 15.7% year on year (YoY) in in the first half (H1) of fiscal year (FY) 2022/2023 to EGP 30.47 million, compared to EGP 26.34 million, the income statement showed on April 4th.

Revenues reached EGP 560.7 million in the six-month period ended December 31st, 2022, from EGP 532.07 million in H1 FY 2021/2022.

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