Cairo – Mubasher: Naeem Holding turned to profitability in the third quarter of 2016, as it posted profits of $924,700 (EGP 16.2 million).
The company suffered losses of $4.69 million (EGP 82.5 million) for the same period of the previous year.
As for the first nine months of 2016, the company brought down its losses by 83% to $1.622 million compared with $9.57 million a year earlier.