Cairo – Mubasher: Prime Holding posted a decline of 84.5% in net profits for the second quarter of 2016.
The company saw net profits of EGP 670,000 ($75,290) in Q2-2016, down from EGP 4.32 million ($485,800) for the same period of the previous year.
As for the first half of 2016, the company said it saw net profits of EGP 3.13 million compared with EGP 4.41 million for the similar period of the preceding year.