Cairo – Mubasher: Prime Holding on Tuesday posted a 94% year-on-year surge in consolidated profits for the first half of 2018, recording EGP 19.62 million from EGP 10.1 million.
Revenue rose to EGP 50.04 million in the six-month period ended June, versus EGP 32.97 million in H1-17, the company said in a filing to the Egyptian Exchange (EGX).
Meanwhile, standalone profits jumped by 115.4% to EGP 6.42 million in H1-18, from EGP 2.98 million in the prior-year period.
It is worth noting that Prime Holding logged EGP 8.1 million in net profits for Q1-18, compared to EGP 2.78 million in Q1-17.
