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EFG Hermes earnings surge to EGP 381M in 1Q2019

EFG Hermes earnings surge to EGP 381M in 1Q2019

ArabFinance: EFG Hermes (HRHO) announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2019, and ending March 31, 2019.

The company posted consolidated net profits of EGP 381,347,136, versus net profits of EGP 266,497,815 in the same period a year ago, taking into account the minority rights.

Moreover, it incurred standalone net losses of EGP 142,528,636, against posting net profits of EGP 33,747,743 in the same period last year.

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