Arab Finance: Prime Holding’s (PRMH) consolidated loss attributable to the parent company declined by 25.85% year-on-year (YoY) to EGP 27.799 million in the first half (H1) 2022, according to financial statements filed to the Egyptian Exchange (EGX) on Monday.
Total operating revenue shrank to EGP 41.661 million in H1 2022 from EGP 54.704 million in H1 2021.
The company’s standalone loss after tax rose to EGP 10.856 million in the six-month period ended 2022 from EGP 8.879 million the year before.
Prime Holding is an EGX-listed company, which provides investments and financial services for corporations, institutions, government entities, and individuals within Egypt and abroad.