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.