Cairo – Mubasher: Prime Holding's consolidated net losses after tax amounted to EGP 56.32 million in 2021, an annual surge of 132% compared to EGP 24.25 million.
The company's gross revenues rose to EGP 100.36 million last year from EGP 78.77 million in 2020, according to the income statements.
As for the standalone financial results, Prime Holding incurred net losses after tax worth EGP 12.38 million in 2021, compared to EGP 8.35 million in the prior year.
The losses per share settled at EGP 0.035 in 2021, versus EGP 0.024 in 2020.
It is noteworthy to mention that in the first half (H1) of 2021, the consolidated net losses rose by 59.5% to EGP 21.98 million from EGP 13.78 million in H1-20.
