EARNINGS WATCH- Pioneers Holding net profits increased more than 10% in 2019, rising to EGP 1.35 bn from EGP 1.23 bn the year before, according to an EGX filing. ٌRevenues were up more than 9% during the year to hit EGP 9.5 bn from EGP 8.5 bn in 2018.
Etisalat Misr’s net profits before interest and tax rose to EGP 1.8 bn in 1Q2020, up from EGP 1.36 bn during the same quarter last year, according to Etisalat Group’s quarterly report (pdf). Revenues in 1Q2020 increased to EGP 4.3 bn from EGP 3.4 bn last year.