Cairo – Mubasher: Prime research said it cut its fair value of Porto Group Holding from EGP 0.47 per share to EGP 0.40 per share, while keeping its previous buy recommendation.
Earlier, the company reported its net profits for the nine – month period ended September 2016, where it reported net profits of EGP 96.3 million.
Previously, Amer Group had split into two companies: Porto Holding Group (demerged company) and Amer Group Holding (demerging company).
