Net profit after tax increased by 488%, closing at EGP 58.7m, with a net profit margin of 27.2% and an increase of 19.6%. Abir Leheta said the company’s market share in the Egyptian market has increased from 35% to 60% in projects throughout 2016. She predicted that the growth of the petroleum, natural gas, and petrochemical sectors will help the transport and logistics field to grow. It owns subsidiaries such as Egyptian Transport and Logistics (ETAL) and Egytrans Depot Solutions (EDS). Egytrans works with several major clients, including Siemens, Al Araby, Toshiba, and Daewoo.

Source: Daily News Egypt April 04, 2017 16:03 UTC