Prime Holding widens loss in 9 months

Updated 11/16/2021 2:13:16 PM

ArabFinance: Prime Holding (PRMH) incurred a consolidated net loss EGP 34.95 million during the first nine months of 2021, compared to EGP 17.27 million in the corresponding period of 2020, according to the company’s filing to the Egyptian Exchange.

The company’s standalone net loss recorded EGP 10.29 million during the January-September period of 2021, compared to EGP 16.68 million in the same period last year.

During the first half of 2021, the company suffered a consolidated net loss of EGP 22.08 million.

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