Prime Holding incurs EGP 56.6M consolidated loss in 2021
Updated 2/28/2022 9:24:00 AM
ArabFinance: Prime Holding’s (PRMH) consolidated losses attributable to the parent company surged to EGP 56.625 million in 2021, from EGP 24.505 million in 2020, according to financial statements filed to the Egyptian Exchange (EGX) on Monday.
Total operating revenue rose to EGP 100.367 million in the full year ended December 31st 2021, from EGP 78.777 million in 2020.
The company’s standalone losses widened to EGP 12.389 million in 2021, from EGP 8.353 million the year before, financial statements showed.
Prime Holding is an EGX-listed company, which provides investments and financial services for corporations, institutions, government entities, and individuals within Egypt and abroad.
