Cairo – Mubasher: Egyptian Arabian Themar Securities Brokerage Company’s profit rocketed 729.85% year-on-year in the first quarter of fiscal 2016.

Net profit reached EGP 1.06 million ($120,000) in Q1-16, versus EGP 128,470 ($14,500) in Q1-15, according to a bourse filing released on Tuesday.

Themar earlier posted a net profit after tax of EGP 1.43 million for fiscal 2015, compared to EGP 7.12 million for 2014.