Home Tech/AITech news Egypt’s OTMT Says Consolidated Profits Hit EGP 3.6 Bln Since Inception

Egypt’s OTMT Says Consolidated Profits Hit EGP 3.6 Bln Since Inception

by Yomna Yasser

The financial results of Egyptian Orascom Telecom Media & Technology Holding (OTMT.CA) reported consolidated net profits of EGP 3.670 billion from the period of  November 29, 2011 (the date of inception) until December 31, 2012.

OTMT’s long-term total assets have reached around EGP 6.6 billion; while the total assets hit EGP 9.1 billion.

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