Cairo – Mubasher: Global Telecom Holding earned $87.5 million (EGP779 million) in the first quarter of 2016 against a net loss of $82.3 million (EGP732.5 million) for the year-ago quarter according to consolidated financial results.
Meanwhile, its standalone results for the same period revealed that the company logged $29.8 million losses against a net profit of $2.6 billion in Q1-15.
The company registered in 2015 $9.8 million earnings versus $444.3 million losses a year earlier.
