Raya Holding turns profitable in Q1

Cairo – Mubasher: Raya Holding for Financial Investment posted on Wednesday a standalone net profit of EGP 63.77 million for the first quarter of fiscal year 2017, compared to a standalone net loss worth EGP 8.27 million for Q1-16, according to a bourse filing.

The company had earlier reported a standalone net profit of EGP 70.9 million for FY16.

Mubasher Contribution Time: 10-May-2017 09:25 (GMT)
Mubasher Last Update Time: 10-May-2017 11:56 (GMT)