Orascom Telecom Q1 net profit tumbles
CAIRO, August 11, 2016
Egypt's Orascom Telecom Media and Technology Holding said on Thursday its first quarter net profit had fallen to E£48.73 million ($5.49 million) from E£373.85 million in the same period of last year.
OTMT reported a net loss of 3.6 billion Egyptian pounds in 2015 versus a net profit of 263.98 million pounds a year. - Reuters
