EFG-Hermes’s 9-Month Consolidated Profit Falls 19%

EFG-Hermes Holding (HRHO.CA), the biggest publicly traded Arab investment bank, has reported on Monday a 9-month consolidated net profit of EGP 232.089 million, 19% down from a net profit of EGP 286.014 million for the same period a year earlier.

Meanwhile, EFG-Hermes’ 9-month standalone net profit stood at EGP 404.474 million, reversing a net loss of EGP 100.998 million for the same period a year earlier.