Egytrans considers acquiring complementary company
The company said that alternatives and available ways to implement the acquisition are being studied to make a preliminary decision regarding proceeding with the deal.
Latest in Tag: Egytrans Highlight
Latest in Tag: Egytrans
Egytrans’ incubation programme ‘Logivators’ concludes its first edition
The new logistics incubator is considered a unique investment in Egypt’s logistics industry and an enabler that brings small businesses, local start-ups, and ambitious entrepreneurs together with key industry leaders to deliver top-notch innovative logistical solutions to the local market.
Egytrans partners with pmaestro, Cashcows to launch logistics incubation programme
Programme aims to redefine logistics, working hand-in-hand with startups that will generate innovative technological solutions for logistics sector
Egyptian Transport Services receives initial acquisition bid of HA Utilities Holding
Offer aims to achieve local and regional expansion
Egytrans records 11.1% y-o-y decrease in revenues
As a result, net income after tax for the year declined by 23.8% to EGP 31.9m down from EGP 41.8m in 2018. The latest figures register a net profit margin of 12.9%, compared to 15.0% in 2018.
Egytrans delivers solid performance recording 5x market growth in 1H19
The company’s earnings before interest, tax, depreciation, and amortisation (EBITDA) lost 760.1 bps to reach 19.6% vs. 27.2% for 1H19 and 1H18, respectively, affected by the increase in operating costs by 49% in 1H19.
Egytrans’s revenues rose 43% to EGP 89m in Q1of 2019
Net profit boosted by 27% y-o-y reaching 18m
Egytrans targets EGP 40m profits in 2019
25% CAGR in revenues in three years, says Abir Leheta
Egytrans regular business registers growth of 30% in H1 2018
Consolidated revenues register expected 45% drop y-o-y in H1 2018, reaching EGP 124m
Egytrans plans to compete for Tahrir Complex, Gabal El-Zeit projects
We are participating in Breakbulk for second year straight; conference is opportunity to form partnerships, says Leheta
Egytrans achieves 106.1% growth in revenues in Q3 2017
The third quarter of 2017 saw Egytrans’ consolidated revenues grow by 106.1% y-o-y to reach EGP 291.6m, driven mainly by the continued positive performance in regular businesses, reflecting Egytrans strategy of focusing on and strengthening different revenue-generating business lines to offset the expected slowdown in mega projects performance during Q3 17, as a result of …
Egytrans launches road transport fleet project worth EGP 9m during current FY
Egytrans signed an agreement with Ahli United Bank to have a facility of EGP 35m as letters of guarantee and about EGP 20m working capital
Egytrans reports EGP 111m revenues, EGP 20m net profit in Q1 2017
The company has reported continued growth despite challenging macroeconomic backdrop and resultant operational difficulties
EgyTrans targets 60% of transfer of abnormal equipment market during 2017: Leheta
We will negotiate on Electricity Ministry projects for distribution
Egytrans achieves EGP 215m revenues in FY 2016
The transportation and logistics company has revealed a 64% growth y-o-y
Egytrans reveals long-term strategy to achieve growth, increase profits
Revenues expected to reach EGP 175m by Q4, says CEO