Egypt Kuwait Holding sees higher consolidated Q1 profits

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

Mubasher Contribution Time: 16-May-2016 09:36 (GMT)
Mubasher Last Update Time: 16-May-2016 09:36 (GMT)