Cairo – Mubasher: The consolidated income statements of Egypt Kuwait Holding, listed on the Egyptian Stock Exchange (EGX) registered a decline of 20% in profits during fiscal year 2018 compared to the prior year
Earnings shrank to $95.11 million in FY18 from $118.7 million in FY17, according to a bourse disclosure to the EGX on Thursday.
Revenues totalled $461.9 million in FY18, higher than $348.7 million in the previous year.
The standalone income of Egypt’s EKH decreased to $19.8 million in FY18 from $21.4 million in 2017.
