The revenues increased to EGP 235.96 million in the January-March period, compared to EGP 228.4 million in the prior-year period, the company said in a bourse disclosure on Wednesday.
As for standalone business, the company logged net profits of EGP 9.94 million in Q1-21, against net losses of EGP 49.35 million in Q1-20.
During 2020, ASCOM reported consolidated net losses of EGP 71.72 million, up from EGP 52.57 million a year earlier, including minority shareholders’ rights.
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