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Egypt's EFG-Hermes says Q2 net profit down 66 pct

August 15, 2012 Comments Off on Egypt's EFG-Hermes says Q2 net profit down 66 pct

August 15, 2012, 11:20 am

CAIRO (Reuters) – Egyptian investment bank EFG Hermes said on Wednesday its second quarter net profit fell 66 percent to 27 million Egyptian pounds.
The bank, which is planning a tie-up with Qatar’s QInvest, reported net profit of 80 million pounds a year earlier.

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