Q1
As per standalone results, the company’s loss increased 41.62 percent, to LE 63.37 million, up from LE 44.75 million in the same period of 2017.
As per standalone results, the indicators also showed a turn into loss with an amount of LE 33.96 million during the period of January-to-March in 2018.
The number of tourists who visited Egypt in that time jumped 37.1 percent to 2.383 million, added the official who asked to remain anonymous.
The company’s financial indicators revealed recording revenues of LE 2.9 billion during the three months ending March 2018.
For the standalone profit, Hermes marked a decline to LE 33.75 million, compared to LE 207.15 million in Q1 of 2017.
As per standalone profits, the bank recorded a profit of LE 2.017 billion in Q1-18, compared to LE 1.78 billion in the same period of 2017.
As per standalone profit, CI Capital’s profit decreased 67.2 percent in Q1 2018 to reach LE 12.85 million, compared to a profit of LE 39.13 million in Q1 2017.
The United States of America allocated 48 percent of Egypt’s readymade garments exports in Q1, recording $185 million, compared to $160 million in 2017.
As per standalone profit, the results also turned into profitability in Q1 of 2018 by LE 21.26.
Twitter reported its first quarterly net profit and topped Wall Street targets on Thursday as video ad sales rose.
Talaat Mostafa Group Holding registered sales worth of 4.3 billion EGP ($237 million) in the first quarter (Q1) of 2017.
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