Cairo - Mubasher: The financial statements of Naeem Holding showed on Thursday a decline in profits last year due to lower revenues.
Profits fell 52% and totalled $1.24 million in 2017, compared to $2.59 million in the year before.
The drop in profits is attributed to the decrease in revenues to $10.45 million from 14.9 million in 2016, according to the company’s statement to the Egyptian Exchange (EGX).
