Cairo – Egypt: The consolidated financial statements of Prime Holding showed a growth of 14.4% in profits during the first quarter of 2017 as compared to the same quarter of 2016.
The earnings increased to EGP 2.78 million in Q1-17 from EGP 2.43 million in Q1-16, according to a bourse statement issued on Thursday.
Prime Holding’s standalone profits soared by 42% to EGP 1.55 million in Q1-17 from EGP 1.09 million in Q1-16.
At the stock level, Prime closed Thursday’s session 1.45% higher at EGP 4.89.
