Cairo – Mubasher: Talaat Moustafa Group Holding earned EGP 184.3 million during the third quarter of 2016, up 10.4% year-on-year from EGP 166.8 million, according to a bourse statement on Thursday.
Consolidated net profits for the first nine months grew 16% year-on-year to EGP 616.4 million from EGP 532.12 million.
Likewise, standalone net profits for the same period reached EGP 28.57 million, compared with EGP 16.49 million for the first nine months of 2015.
The group registered EGP 3.93 billion revenues for the nine-month period, higher 7.63% from EGP 3.65 billion for the year-ago period.
