Global Telecom profits up 37% in Q2

Cairo – Mubasher: Global Telecom Holding (GTH) reported an increase of 37% in net profits for the second quarter of 2016.

The telecom firm saw net profits of $26.5 million (EGP 234.6 million) for Q2-2016, up from $42 million (EGP 371.9 million) for the same period of the previous year.

As for the first half of 2016, GTH registered net profits of $114 million(EGP 1.01 billion) compared with $40.3 million (EGP 356.8 million) for the similar period of the preceding year.

Mubasher Contribution Time: 04-Aug-2016 08:58 (GMT)
Mubasher Last Update Time: 04-Aug-2016 08:58 (GMT)