* Revenue up 6.3 percent
* Shares up 1.2 percent
(Recasts with third-quarter earnings, adds share price)
CAIRO, Nov 14 (Reuters) - Egyptian appliance maker Olympic Group, set to be acquired by Swedish group Electrolux, posted a 55 percent drop in third-quarter net profit.
Olympic, the biggest appliance maker in the Middle East and North Africa, said on Sunday net profit fell to 30.6 million Egyptian pounds ($5.3 million) on revenue up 6.3 percent to 772 million.
That left nine-month net profit down 19 percent to 120 million pounds, on revenue up to 2.1 billion from 2 billion.
Olympic shares were up 1.2 percent by 1120 GMT, while the main index was down 0.3 percent.
Last month, Electrolux said it had agreed in principle to buy Olympic, in a push to capture growth in emerging markets. (Writing by Shaimaa Fayed; Editing by Dan Lalor) ($1 = 5.751 Egyptian pounds)