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EgyptAir Duty Free six-month profits rebound

: Monday, March 17 - 2014 @ 13:19

EgyptAir has said its retail and travel subsidiaries, EgyptAir Tourism (Karnak) and Duty Free, have reposted a combined net profit of EGP35m ($5.028m) between July and December 2013, Daily News Egypt has reported. Karnak is working with exhibitor companies at duty-free shops to increase profit, said chairman Kamal Hefni. He also said that Philip Morris would soon start updating its shops at the Hurghada and Sharm El-Sheikh airports, and Terminal 3 of the Cairo International Airport. “We met with representatives of Philip Morris this week to discuss how to promote the display of the company’s cigarette products, a key source of revenues in the shops at the Egyptian airports,” the chairman said.

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Monday, March 17- 2014 @ 13:19 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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