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· Egypt Gas (EGAS) recorded a decline in its profits during 2020 by 48.7 percent. In absolute terms, the profit declined to LE 84.632 million, compared to LE 164.95 million in 2019
· The revenues of the company increased to LE 4.002 billion in 2020, as against LE 3.75 billion during the previous year
· It registered profits of LE 9.07 million during the first nine months in 2020, compared to LE 27.812 million in the same period of 2019
Egypt Gas (EGAS) recorded a decline in its profits during 2020 by 48.7 percent. In absolute terms, the profit declined to LE 84.632
million, compared to LE 164.95 million in 2019.
However, the revenues of the company increased to LE 4.002 billion in 2020, as against LE 3.75 billion during the previous year. It registered profits of LE 9.07 million during the first nine months in 2020, compared to LE 27.812 million in the same period of 2019. Established in 1983, Egypt Gas, it was listed on the Egyptian Exchange in April 1992 and has subsidiaries operating across Egypt, Saudi Arabia, Germany and Canada.
