OTMT Posts EGP1.23 bln Consolidated Profit in 9 Months

Orascom Telecom Media and Technology Holding (OTMT.CA) reported on Thursday its consolidated financial results for the first nine months of FY13, which showed consolidated net profit of EGP 1.229 billion.

The company’s consolidated financial results for the period from November 29, 2011 till September 30, 2012 had shown EGP 1.622 billion net profit. Non-consolidated financial results for the same period reflected EGP 4.517 billion net profit.

Standalone financial results for the first nine months of FY13 mirrored EGP 221.681 million net profit.