Cairo – Mubasher: Global Telecom said Thursday that its 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.
Meanwhile, the standalone results showed that the company turned a loss after logging $109.4 million losses against $2.52 billion profits a year earlier.
