Cairo – Mubasher: Amer Group Holding registered an increase of 26.75% in net profits for the fourth quarter of 2015, the company said in a bourse filing Wednesday.
Net profits reached EGP 56.48 million in Q4-2015, up from EGP 44.56 million for the same period a year earlier.
Meanwhile, full-year net profits slipped by 21.2% to EGP 167.86 million from EGP 213.04 million in 2014.
Amer Group’s topline stood at EGP 1.84 billion in 2015, compared with EGP 1.76 billion in the preceding year.
The company said earlier it posted net profits of EGP 111.38 million for the first nine months of 2015.
