Arab Finance: Prime Holding (PRMH) has turned to profitability during the first half (H1) of 2023, according to the consolidated financial indicators sent by mail to Arab Finance on August 13^th.

The company achieved consolidated net profits after tax of EGP 15.243 million in H1 2023, versus a loss of EGP 26.969 million in the same half last year.

Operating revenues rose 117% year on year (YoY) to EGP 91.476 million during the first six months of this year from EGP 42.198 million in H1 2022.

Prime Holding is an EGX-listed company, which provides investments and financial services for corporations, institutions, government entities, and individuals within Egypt and abroad.

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