Egyptian Petroleum Sector Hits EGP30 billion Profits in 1 Year

The Business results of Egypt’s petroleum public sector, Holding companies and Egyptian General Petroleum Corporation (EGPC) for the fiscal year of 2013/2014 revealed that EGP72.2 billion profits attained.

The results explained that distributable profits amounted to EGP30 billion and the sales’ value are around EGP486.2 billion including EGP126.2 billion for supporting petroleum products while the net additional value reached about EGP98 billion.