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EK Holding earnings up 22% in FY14

EK Holding earnings up 22% in FY14
Photo Credit: Arabianeye-Reuters
EKH
EKHO
1.15% 0.88 0.01

Egypt Kuwait Holding Company has issued its consolidated financial statements for the year 2014, recording an increase by 22% in its earnings.

 

The firm’s net profit totaled $51.4 million in 2014, compared to $42.2 million in 2013.

 

Total revenues reached $717.7 million in 2014 against $1.9 billion in the previous year.

 

Furthermore, the unconsolidated net profits averaged $60.1 million in 2014, compared to $52.1 million in 2013.