Cairo – Mubasher: Talaat Moustafa Group Holding (TMG Holding) reported on Thursday a consolidated net profit worth EGP 288.54 million for the first quarter of fiscal year 2017, up 39% from EGP 207.8 million for Q1-16.
Consolidated revenues increased in Q1-17 to EGP 1.28 billion from EGP 1.21 billion for Q1-16, according to a bourse filing.
Standalone profits grew in Q1-17 by 44% to EGP 16.9 million, versus EGP 11.7 million for Q1-16.
The stock rose on Wednesday by 0.94% to EGP 8.57.
