Naeem Holding Q4 profits soar 3,105%

Cairo – Mubasher: Naeem Holding’s profits for the fourth quarter of fiscal year 2016 jumped 3,105% to $3.75 million, versus $117,000 for Q4-15.

Profits for fiscal year 2016 increased 225% to $5.2 million from $1.6 million for FY15, according to a bourse filing.

Foreign exchange earnings amounted to $3.06 million in 2016.

By 1:36pm Cairo time, the stock stood at $0.60.

Mubasher Contribution Time: 01-Mar-2017 12:12 (GMT)
Mubasher Last Update Time: 01-Mar-2017 12:45 (GMT)