EFG-Hermes Says Net Profit Climbs 27.3% – Q1/13

EFG-Hermes Holding (HRHO.CA), the leading investment bank in the Arab world, reported a net profit of EGP 98.03 million for the first quarter of 2013, compared to a net profit of EGP 77.01 posted for the same period a year earlier.

Basic earnings per share for Q1/13 reach EGP 0.09, opposed to EGP 0.07 a year earlier.

Equity rights have hit around EGP 12.15 billion by the end of March 2013, compared EGP 11.41 billion posted by the end of December 2012.