Cairo – Mubasher: Amer Group Holding Company’s consolidated financial statements showed a 41.4% fall in profits for the fourth quarter of fiscal 2016 to EGP 33 million from EGP 56.4 million for Q4-15.
Consolidated profits for the fiscal year 2016 grew 9.88% to EGP 184.45 million, compared to EGP 167.86 million for fiscal 2015.
Consolidated revenues grew in fiscal 2016 by 33.3% to EGP 2.4 billion, versus EGP 1.8 billion for fiscal 2015, according to a bourse filing.
