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Egypt: Oriental Weavers reports net profit increase
Egypt-based Oriental Weavers has said that recovery in its European and American markets has boosted its third-quarter net profit by 0.4% after minority interest to EGP74m ($13m)
Egytex News Desk
Source: www.ameinfo.com
,Reuters has reported. The quarter was the "strongest sales quarter in the company's more than 30-year history ... We continue to focus on further penetrating North American and European markets," the company said.
Source: www.ameinfo.com
From the Egytex news archive, first published on 22 November 2010. Figures and names are as reported at the time.
