EARNINGS WATCH- The National Bank of Kuwait Egypt reported a 77.07% y-o-y jump in net profit to EGP 1.5 bn in FY2017, according to the company’s earnings release (pdf).
EARNINGS WATCH- Global Telecom Holding (GTH) reported a net loss attributable to shareholders of USD 133 mn in 4Q2017, down from a net profit of USD 7 mn in 4Q2016. GTH’s total revenues decreased to USD 724 mn during the period from USD 768 mn a year earlier.