Cairo – Mubasher: El Kahera El Watania Investment Company posted on Sunday a consolidated net profit of EGP 1.89 million ($241,160) in the first quarter of fiscal 2016, against net losses of EGP 476,520 ($53,790) in Q1-15.
The company’s financial statements, released on Sunday, showed a standalone profit of EGP 680,660 ($76,651) for the three-month period, versus net losses of 374,970 ($42,226) a year earlier.
