Cairo – Mubasher: The Egyptian Exchange suspended trading on Global Telecom Holding starting from 12 January 2017, according to a bourse statement.
This suspension is expected to last until the company release a statement regarding the sale if treasury shares.
The company’s Q3 profits leapt 235.3% year-on-year to $44.6 million (EGP 395.81 million) from $13.3 million (EGP 118.03 million), according to a bourse statement on Thursday.
Over the first nine months, the company swung into profits after registering $158.6 million profits against $27 million losses, according to the consolidated results.
