Cairo - Mubasher: The board of directors of Qalaa Holdings approved the company's consolidated and standalone financial statements for the financial period ended September 2015.
The consolidated statements reflected revenues of EGP 6.1 billion, up 31% y-o-y for this nine month period.
Meanwhile, the firm posted revenues of EGP 2.1 billion, with an increase of 19% y-o-y for the third quarter of 2015.
Earlier, Qalaa Holdings said that Gozour, a subsidiary, sold assets worth $4.25 million (EGP 33.27 million) in Sudan, according to a bourse filing.
Qalaa said the divestiture would slash Gozour’s debts by around EGP 20 million.
