Telecom Egypt To Announce Q3/12 Results On Nov 12th

Telecom Egypt – TE (ETEL.CA) will announce its consolidated and standalone financial results for the third quarter of 2012 ended on 30th September, in accordance with Egyptian Accounting Standards and before the opening sessions of the London Stock Exchange (LSE) and of the Egyptian Exchange (EGX) on Monday, November 12th 2012.

It is worth noting that TE’s consolidated financial results for the first half of 2012 revealed a net profit of EGP 1.526 billion, 10.7% down from a year earlier net profit of EGP 1.710 billion.

Meanwhile, TE’s standalone financial results for H1/2012 revealed a net profit of EGP 1.756 billion, compared to a year earlier net profit of EGP 1.882 billion.

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