Cairo – Mubasher: Egypt Kuwait Holding’s consolidated profits jumped 45% year-on-year to $21.83 million ($193.37 million) from $15.03 million (EGP 133.14 million), according to a bourse filing.
Meanwhile, its standalone earnings stood at $4.7 million in the first quarter, down 56% from $10.7 for the year-ago quarter.
According to the consolidated financial statements for 2015, the company registered a net profit of $36.3 million, compared with $95.4 million in 2014