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Telecom Egypt’s profit up 73% in 9 months

Telecom Egypt recorded consolidated net profits of EGP 6.1 billion in the first nine months of 2021, an increase of 72.5% year-on-year (YoY) from EGP 3.53 billion.

The revenues rose to EGP 26.38 billion from January to September, compared to EGP 22.35 billion in the year-ago period, the company said to the Egyptian Exchange.