Cairo – Mubasher: Orascom Telecom Media and Technology Holding posted on Sunday a rise of 697% in its consolidated net profits for the first quarter of fiscal year 2017 to EGP 388.46 million, versus EGP 48.73 million for Q1-16.
Revenues increased in Q1-17 to EGP 297.27 million from EGP 110.75 million for Q1-16, according to a bourse filing.
Standalone profits amounted to EGP 413.6 million in Q1-17, compared to EGP 16.13 million for Q1-16.
