Earnings Report /
Egypt

EFIC: 1Q21| Volume recovery drives annual growth; Margin pressure appears sequentially

  • Volume recovery drives annual surge in revenues; Revenue stabilizes sequentially

  • Rising expenses and costs pressured margins

  • Maintain Overweight on earnings recovery relative to last year's

Marina William
Marina William

Equity Research Analyst

Al Ahly Pharos Securities Brokerage
27 May 2021

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