Sunday, July 15, 2007

Egypt's Watany Bank H1 net profit jumps 169 pct

(Reuters) - Egypt's Al Watany Bank reported a 169 percent jump in net profit in the first half of 2007 to 146.7 million Egyptian pounds, the stock exchange said in a statement on Sunday.

The bank had reported net profit of 54.5 million pounds in the same period a year ago. The stock exchange gave no further details.


Read more at Reuters Africa

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