Elsewedy Electric H1 Profits Rise to EGP166 Mln

El Sewedy Electric (SWDY.CA), the leading Wire & Cable and Integrated Energy Solution Provider in the Middle East and Africa, reported net profits worth EGP 166.5 million for the first half of 2013, compared to EGP 133.2 million for the same period a year earlier.

Basic earnings per share for H1/2013 reached EGP 0.64/share, against EGP 0.58/share a year earlier.