Egypt’s Olympic Group recorded a 29 percent increase in net profits for the first nine months of 2003 reaching 28.2 million Egyptian pounds ($4.5 million) compared to the same period last year.
Based in Nasr City, Cairo, the Olympic Group produces washing machines, refrigerators, metallic furniture, vacuum cleaners and other home appliances. The company also produces foam for several industries and is a trader and distributor of engineering and electrical appliances. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
