Pioneers Holding for Financial Investment posted consolidated financial results for FY13, showing a 37.4% rise in net profit to EGP 358.1 million, compared with EGP 260.5 million net profit in FY12.
Total operating revenue rose 22% to EGP 1.6 billion, from EGP 1.3 billion in FY12.
The company operates with issued and paid-in capital of EGP 2.5 billion, divided into 500 million shares at EGP 5 par value each.
Meanwhile, standalone financial results for the same FY mirrored EGP 40.5 million net profit, with a drop of 44% from EGP 71.9 million in FY12.